# Thai baht weathers bond exodus - Gulf Times

> The baht has weakened 1.7% in November, the least among 11 Asian currencies tracked by Bloomberg, as a trade surplus offsets record bond outflows. Foreign funds sold a net $1.4 billion of Thai bonds this month. Analysts expect the currency to remain fairly stable.

- Date: 2016-11-20 · published 2016-11-20T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/74090-thai-baht-weathers-bond-exodus-gulf-times
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Stable baht limits import cost pressure for Thai feed buyers, though the bond sell-off points to broader emerging-market stress.

## Read by commodity

- USDTHB: neutral

## Sources

- gulf-times.com: https://www.gulf-times.com/story/521774/thai-baht-weathers-bond-exodus

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