# Thai Central Bank closely watching as baht romps ahead - ThaiResidents.com - Thai Local News - Thai News

> The Bank of Thailand said it is closely monitoring markets as the baht has gained about 7 percent so far this year. It urged private firms to hedge exchange-rate risk, and the baht opened near 33.45 per dollar on July 25.

- Date: 2017-07-25 · published 2017-07-25T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/70245-thai-central-bank-closely-watching-as-baht-romps-ahead-thairesidents-com-thai
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Rapid currency moves prompt central bank scrutiny and hedging activity, which can add volatility to Thai import costs for feed ingredients. The direct price effect on feed commodities is limited.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- thairesidents.com: https://thairesidents.com/money/thai-central-bank-closely-watching-baht-romps-ahead/

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