# Central Bank admits fund inflows pushing baht higher - ThaiResidents.com - Thai Local News - Thai News

> Bank of Thailand Governor Veerathai Santiprabhob said the baht has strengthened steadily on capital inflows tied to doubts about US President Trump's policies and a Qatar-related shift of about 200 billion baht in mutual fund money back to Thailand. Current account strength and improving growth were also cited.

- Date: 2017-06-14 · published 2017-06-14T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/70788-central-bank-admits-fund-inflows-pushing-baht-higher-thairesidents-com-thai
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Capital-driven baht strength reduces Thai export competitiveness and dollar-denominated returns, a minor signal for regional feed and agricultural trade pricing.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- thairesidents.com: https://thairesidents.com/money/central-bank-admits-fund-inflows-pushing-baht-higher/

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