# Baht Drops to One-Year Low on Expectations of Rate Gap With US

> The Thai baht weakened as much as 0.5% to 33.09 per US dollar, its lowest level since May 2025. Traders are pricing a possible quarter-point Federal Reserve hike by October, while Thai swaps imply a much smaller chance of a Bank of Thailand hike.

- Date: 2026-07-01 · published 2026-07-01T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/19080-baht-drops-to-one-year-low-on-expectations-of-rate-gap-with-us
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht raises the local-currency cost of imported feed ingredients and fuel for Thai livestock and feed producers. The widening rate gap is driven by the dollar, not Thai fundamentals.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2026-06-23/baht-drops-to-one-year-low-on-expectations-of-rate-gap-with-us

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