# Thailand’s central bank signals steady policy | articles | ING THINK

> The Bank of Thailand minutes from its 16 May meeting show a preference for continued accommodative policy. ING expects no change to Thai monetary policy this year and sees USD/THB rising toward 32.50 near-term on global market stress.

- Date: 2018-05-30 · published 2018-05-30T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/65266-thailand-s-central-bank-signals-steady-policy-articles-ing-think
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Thai feed and livestock costs are tied to the baht, and a weaker currency raises the local cost of imported feed ingredients such as soybean meal and corn.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- think.ing.com: https://think.ing.com/articles/thailands-central-bank-signals-steady-policy/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.