# Bangkok Post - Central bank chief says it acted on baht speculation

> Bank of Thailand Governor Veerathai Santiprabhob said the central bank acted against periodic speculation in the baht and resolved irregular transactions at some financial institutions. The baht traded near 33.08 per dollar, up 8.2% year to date and Asia's best performer. The central bank will review its 3.5% growth forecast on Sept 27.

- Date: 2017-09-18 · published 2017-09-18T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/69224-bangkok-post-central-bank-chief-says-it-acted-on-baht-speculation
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A firmer baht makes Thai exports less competitive and can squeeze Thai demand for imported feed inputs in baht terms, a modest bearish signal for USD-priced feed commodities sold into Thailand.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1326619/central-bank-chief-says-it-acted-on-baht-speculation

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