# Thailand’s ‘Super-Baht’ May Be Too Strong For Its Own Good - Bloomberg

> Bloomberg reports that Thailand's baht has become the strongest performer in Southeast Asia over the past year, supported by near-record foreign exchange reserves, a current-account surplus, and foreign inflows into Thai bonds. The article suggests the currency's strength may be excessive for the economy.

- Date: 2017-06-29 · published 2017-06-29T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/70783-thailand-s-super-baht-may-be-too-strong-for-its-own-good-bloomberg
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A strong baht erodes the competitiveness of Thai exporters and lowers their baht-denominated returns on dollar sales, which can affect Thai demand for and pricing of imported feed inputs and Asian feed-related trade flows.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-06-29/thailand-copes-with-super-baht-20-years-after-currency-crashed

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