# Bangkok Post - More baht depreciation

> The baht fell below 36 per US dollar after the Bank of Japan raised interest rates for the first time in 17 years, which did not help Asian currencies. Analysts expect further baht depreciation.

- Date: 2024-03-19 · published 2024-03-19T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/31495-bangkok-post-more-baht-depreciation
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht increases the cost of dollar-priced feed imports such as soybean meal and corn for Thai buyers.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2761398/more-baht-depreciation

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