# Emerging assets at risk as governments clash with central banks - Finance Funds Update

> The Thai baht has fallen about 5% this year. Prime Minister Srettha Thavisin has pressed the central bank to cut rates to cushion an economic slowdown, and he and his advisers have publicly argued that commercial banks profit from high rates.

- Date: 2024-03-04 · published 2024-03-04T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/31498-emerging-assets-at-risk-as-governments-clash-with-central-banks-finance-funds
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht raises the local cost of dollar-priced feed imports such as soymeal and corn. Political pressure on rates adds uncertainty to Thai currency and import costs.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- financefundsupdate.com: https://financefundsupdate.com/currencies/emerging-assets-at-risk-as-governments-clash-with-central-banks/

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