# What’s behind the rapid weakening of the baht after Trump election

> The baht fell from 33.713 per dollar on November 4 to 35.09 on November 14, its weakest in three months. The Federation of Thai Industries linked the fall to Thailand's close China ties and the baht's sensitivity to gold prices.

- Date: 2024-11-16 · published 2024-11-16T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/27691-what-s-behind-the-rapid-weakening-of-the-baht-after-trump-election
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The baht's sharp swings raise import costs for Thai feed and livestock buyers, but the effect on global feed commodity prices is limited. The trend is driven by currency and gold factors rather than supply changes.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/business/economy/40043335

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