# Bangkok Post - Baht at 3-month low supporting exports

> The baht reached a three-month low of around 35 per dollar, and Deputy Finance Minister Paopoom Rojanasakul said the level supports exports. He said he would prefer the currency at 34.50 to 35, and the baht has lost 2.8% against the dollar this year.

- Date: 2024-11-14 · published 2024-11-14T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/27690-bangkok-post-baht-at-3-month-low-supporting-exports
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht supports Thai exports but raises the local cost of dollar-priced feed imports. The move is a currency story with little direct effect on feed grain prices.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2902266/baht-at-3-month-low-supporting-exports

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