# Thai baht predicted to rise further in next months

> Kasikornbank predicts the baht will keep appreciating against the US dollar over the next few months, reaching 31.2 per dollar next month and 30.8 in April. The forecast cites a larger current account surplus from tourism, exports and bond inflows. The bank expects the trend to reverse in May when listed companies pay dividends.

- Date: 2018-02-21 · published 2018-02-21T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/66763-thai-baht-predicted-to-rise-further-in-next-months
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht lowers the local-currency cost of dollar-priced feed imports into Thailand. Its effect on US-priced grain and meal is limited unless the dollar moves more broadly.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/thai-baht-predicted-to-rise-further-in-next-months-post126781.vnp

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