# Qatar row helping boost baht, says central bank governor

> The Nation reports the baht appreciated sharply to Bt33.90 per dollar as Thai investors held back from Qatar amid Gulf diplomatic tensions and foreign investors bought Thai bonds. Central bank governor Veerathai Santiprabhob said roughly Bt200 billion of Thai assets in Qatar had been withdrawn and advised exporters to hedge.

- Date: 2017-06-14 · published 2017-06-14T12:00:00.000Z
- Category: geopolitics · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/70784-qatar-row-helping-boost-baht-says-central-bank-governor
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Currency strength makes Thai exports less competitive, a modest factor for Asian feed and agricultural trade pricing; the Qatar-related capital shift is a geopolitical flow driver rather than a direct commodity shock.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30318041

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