# Bangkok Post - BoT governor: Thailand assets a safe haven

> The Bank of Thailand governor said foreign investors are parking money in Thai assets as a safe haven backed by strong foreign reserves. The inflows are occurring amid global market volatility.

- Date: 2017-02-23 · published 2017-02-23T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/72774-bangkok-post-bot-governor-thailand-assets-a-safe-haven
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Strong baht from capital inflows lowers the local cost of imported feed ingredients, but the effect on global feed prices is small.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1203869/bot-governor-thailand-assets-a-safe-haven

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