Meanings of strong baht in English

A strong baht and ample global stockpiles have further curbed sales.

Putting pressure on exports, in addition to the trade war, is the strong baht.

High prices for Thai rice and a strong baht could deter buyers, traders said.

A strong baht has kept rates elevated compared with competitors since the start of the year.

A persistently strong baht THB=TH is also a worry as it has been hurting export competitiveness.

The government has urged firms to exploit the strong baht by importing machines and capital goods for investment.

While a strong baht has worried exporters, Thailand's shipments have been robust this year on improving global demand.

Exports have declined due to weak global demand and a strong baht THB=TH while anti-government protests hurt sentiment.

Paiboon said the strong baht could be a good opportunity for businesses to bring in machinery and improve productivity.

Regarding a persistently strong baht, Arkhom said it is "an unresolved problem" and the ministry will closely monitor.

Also, many tourists don't book hotels long in advance, while the strong baht may be a concern for some, she added.

The last rate cut in May came after poor first-quarter GDP data and government pressure to tame a then- strong baht to help exports.

In addition, the Bank of Thailand relaxed curbs on capital outflows, a move aimed at weakening the strong baht, which has hurt exports.

Thai prices were also higher than other Asian hubs, with a strong baht also contributing to the high rates even as demand remained flat.

In Thailand, a strong baht, Asia's best performing currency in 2019, has kept away potential buyers who find cheaper markets elsewhere, such as in Vietnam.

Thai rice exports have also been hit by a strong baht this year, falling 12% in the first half of 2019.