# ‘Stronger baht won’t hurt Thai exports as demand boosted by global recovery’

> Thai officials said the baht's appreciation against the dollar will not threaten the 2017 export growth target of 5 percent. They noted exports are being supported by global economic recovery and that rubber prices have declined this year.

- Date: 2017-07-30 · published 2017-07-30T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/70244-stronger-baht-won-t-hurt-thai-exports-as-demand-boosted-by-global-recovery
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Officials see limited impact from currency strength on exports, so demand for Thai-linked agricultural goods is expected to hold. The story has little direct effect on feed commodity prices.

## Read by commodity

- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30322269

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