# Thai baht faces risk of continued decline

> The baht is heading for its worst January since 2020, down nearly 4% against the dollar, as foreign investors pull out of Thai assets. Analysts expect the currency to weaken further toward 36.0-36.5 per dollar in the coming weeks.

- Date: 2024-01-29 · published 2024-01-29T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/32409-thai-baht-faces-risk-of-continued-decline
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht makes dollar-priced feed ingredients more expensive for Thai importers. The effect on global feed prices is limited.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- en.vietnamplus.vn: https://en.vietnamplus.vn/thai-baht-faces-risk-of-continued-decline-post276960.vnp

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