# Bangkok Post - Baht to weaken next year amid US tariffs

> Kasikorn Research Center expects the baht to weaken to 34.50 per dollar by end-2024 and 35.50 in 2025. The baht hit a three-month low of 34.61 after the Fed's 25bp cut, which came with a hawkish statement and an upgraded 2025 US growth forecast.

- Date: 2024-12-19 · published 2024-12-19T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/27243-bangkok-post-baht-to-weaken-next-year-amid-us-tariffs
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker baht and a firmer dollar raise the local-currency cost of imported feed ingredients for Thai buyers, while dollar-priced commodities such as soymeal and corn are not directly moved by this forecast.

## Read by commodity

- DXY: bullish ▲
- USDTHB: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-01-24 | [Bangkok Post - Baht forecast to hit 36.5 by mid-year](https://feedsoft.ai/events/73243-bangkok-post-baht-forecast-to-hit-36-5-by-mid-year.md) | -0.4% | -0.6% |
| DXY | 2022-09-16 | [Bangkok Post - Baht falls below 37 to the dollar](https://feedsoft.ai/events/39875-bangkok-post-baht-falls-below-37-to-the-dollar.md) | +1.0% | +2.8% |
| DXY | 2023-09-26 | [Yen weakens past 149 to dollar, nearing 1-year low - Nikkei Asia](https://feedsoft.ai/events/34349-yen-weakens-past-149-to-dollar-nearing-1-year-low-nikkei-asia.md) | +0.8% | +1.3% |
| DXY | 2020-10-29 | [Baht expected to weaken today](https://feedsoft.ai/events/50880-baht-expected-to-weaken-today.md) | -0.5% | -2.2% |
| DXY | 2025-03-31 | [Pound Sterling weakens against US Dollar ahead of Trump's reciprocal tariffs](https://feedsoft.ai/events/25837-pound-sterling-weakens-against-us-dollar-ahead-of-trump-s-reciprocal-tariffs.md) | -0.5% | -2.8% |

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2923491/baht-to-weaken-next-year-amid-us-tariffs

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