# Thailand's record current-account surplus adds muscle to baht - Nikkei Asia

> Thailand's current-account surplus has lifted the baht to its highest level against the dollar in about two and a half years, up roughly 7% since the start of the year. Thai policymakers and exporters are worried the strong currency could hurt industry.

- Date: 2017-10-14 · published 2017-10-14T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/68725-thailand-s-record-current-account-surplus-adds-muscle-to-baht-nikkei-asia
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht erodes Thai export competitiveness and can squeeze exporter margins, with little direct effect on feed commodity prices; the currency move is a background macro factor for Southeast Asian feed and commodity buyers.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- asia.nikkei.com: https://asia.nikkei.com/location/southeast-asia/thailand/thailand-s-record-current-account-surplus-adds-muscle-to-baht

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