# Thai baht stronger against US dollar - ThaiResidents.com - Thai Local News - Thai News

> The Thai baht strengthened last week as markets judged the US Federal Reserve would not raise rates soon while awaiting US tax reform. Foreign investment funds appear to be flowing back into Thailand.

- Date: 2017-02-11 · published 2017-02-11T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/72777-thai-baht-stronger-against-us-dollar-thairesidents-com-thai-local-news-thai-news
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht lowers the local-currency cost of dollar-priced feed imports, easing pressure on Thai feed margins.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- thairesidents.com: https://thairesidents.com/money/thai-baht-stronger-us-dollar/

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