# Demystifing the culprits behind the indomitable Thai currency

> An analysis examines why the Thai baht has repeatedly defied forecasts, noting that it ended the second quarter about 2.3 baht per dollar stronger than predicted. The article looks at invisible factors behind the forecasting misses.

- Date: 2017-08-21 · published 2017-08-21T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/69693-demystifing-the-culprits-behind-the-indomitable-thai-currency
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Persistent currency forecasting errors complicate import cost planning for Thai feed buyers, since baht moves directly change the local cost of dollar-priced feed ingredients.

## Read by commodity

- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30324503

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