# Thai baht hits new record high in two years – Customs Today Newspaper

> The Thai baht reached 33.94 per dollar, its strongest level in nearly two years, after the Bank of Thailand chose not to intervene to slow the gain. The central bank had earlier limited short-dated bond sales and recently relaxed foreign exchange rules to allow more outflows.

- Date: 2017-10-25 · published 2017-10-25T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/68726-thai-baht-hits-new-record-high-in-two-years-customs-today-newspaper
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The baht's strength is a macro currency move with negligible direct supply impact on feed grains or meals, though it marginally affects Thai import costs and regional buying power.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- customstoday.media: https://customstoday.media/thai-baht-hits-new-record-high-in-two-years/

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