# Bangkok Post - Baht declines as investors baulk at lack of fiscal discipline

> The baht weakened to a one-week low of 36.10 per dollar after foreign investors sold Thai bonds and stocks following the government's details on a 10,000-baht digital handout. Analysts cited renewed concerns over fiscal discipline tied to a planned 500 billion baht borrowing bill.

- Date: 2023-11-13 · published 2023-11-13T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/33438-bangkok-post-baht-declines-as-investors-baulk-at-lack-of-fiscal-discipline
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Thai currency and capital outflows affect the import cost of feed ingredients priced in dollars, with a weaker baht making imported meal and grain costlier for Thai buyers.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2684178/baht-declines-as-investors-baulk-at-lack-of-fiscal-discipline

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