# EMERGING MARKETS-Indonesian rupiah, Thai baht lead Asia forex lower as US tariff deadline looms

> Asian currencies weakened on July 29, led by the Thai baht and Indonesian rupiah, as investors focused on US trade talks ahead of the August 1 tariff deadline. The baht fell as much as 0.5% to 32.51 per dollar. Thailand expects to conclude talks with the US before the deadline and avoid tariffs as high as 36%.

- Date: 2025-07-29 · published 2025-07-29T12:00:00.000Z
- Category: trade · region Asia · magnitude low
- Page: https://feedsoft.ai/events/24016-emerging-markets-indonesian-rupiah-thai-baht-lead-asia-forex-lower-as-us-tariff
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Tariff threats on Thailand, a major export market, weigh on the baht and on regional growth expectations. A weaker regional currency can make imported feed ingredients more expensive for Asian buyers.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- sg.finance.yahoo.com: https://sg.finance.yahoo.com/news/emerging-markets-indonesian-rupiah-thai-054238792.html

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