# News Feed

> Thailand's business committee warned that the baht's rise to 32.55 per dollar, a 31-month high, could hurt exporters. The appreciation reflects US tax reform uncertainty and short-term capital inflows. Thai exports rose 9.7% year-on-year over the first ten months of 2017.

- Date: 2017-12-06 · published 2017-12-06T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/67741-news-feed
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht erodes Thai export competitiveness, which can curb agricultural and rice export volumes and affect feed-relevant trade flows.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30333353

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