# Central bank allows more baht outflow aimed to curb appreciation

> Thailand's central bank eased rules on exchange rates starting January 31, letting investors with 50 million to 100 million baht invest up to $1 million abroad directly. The move responds to concern over the baht's rapid appreciation against the dollar. The bank says the change is part of efforts to ease doing business and help investors diversify.

- Date: 2018-02-01 · published 2018-02-01T12:00:00.000Z
- Category: policy · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/66768-central-bank-allows-more-baht-outflow-aimed-to-curb-appreciation
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Expected baht weakness from higher outflows would raise the local cost of dollar-priced feed imports. The change is a currency policy measure with minimal direct impact on commodity prices.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30337697

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