# Bangkok Post - Baht may fall to 35 per dollar if war persists

> Kasikorn Research Center expects the baht to weaken to 34-35 per US dollar if the Middle East conflict lasts two months. That scenario assumes oil prices rise above $100 per barrel.

- Date: 2026-03-19 · published 2026-03-19T12:00:00.000Z
- Category: geopolitics · region Thailand · magnitude medium
- Page: https://feedsoft.ai/events/20445-bangkok-post-baht-may-fall-to-35-per-dollar-if-war-persists
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A prolonged conflict pushing oil above $100 would sharply raise Thailand's import bill and weaken the baht, increasing costs for imported feed and energy.

## Read by commodity

- WTI: bullish ▲
- USDTHB: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-04-09 | [Dollar struggles to rebound as fragile US-Iran ceasefire keeps markets wary \| Reuters](https://feedsoft.ai/events/11158-dollar-struggles-to-rebound-as-fragile-us-iran-ceasefire-keeps-markets-wary.md) | -3.3% | +2.0% |
| WTI | 2022-03-01 | [WTI Tops $103 as Supply Fears Persist - TT](https://feedsoft.ai/events/12840-wti-tops-103-as-supply-fears-persist-tt.md) | +24.3% | +11.5% |
| WTI | 2022-07-18 | [Canadian dollar perks up with oil back near $100](https://feedsoft.ai/events/40722-canadian-dollar-perks-up-with-oil-back-near-100.md) | -2.2% | -5.0% |
| WTI | 2026-01-27 | [Crude Prices Jump to a 3-Month High on Dollar Weakness and Iran Risks](https://feedsoft.ai/events/21231-crude-prices-jump-to-a-3-month-high-on-dollar-weakness-and-iran-risks.md) | +2.1% | +8.4% |
| WTI | 2026-02-28 | [Iran war throws oil market into biggest crisis in decades \| Reuters](https://feedsoft.ai/events/20769-iran-war-throws-oil-market-into-biggest-crisis-in-decades-reuters.md) | +35.6% | +50.4% |

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/3220425/baht-may-fall-to-35-per-dollar-if-war-persists

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