# Bangkok Post - BoT: Baht slump in line with regional trend

> The Bank of Thailand said it was closely watching the baht, which fell to an 11-month low of 37.095 per dollar as it depreciated along with regional peers. The central bank said it was ready to act against irregular moves. Thai officials said a weaker baht could support exports and tourism, and the Stock Exchange of Thailand fell to its lowest level since January 2021.

- Date: 2023-10-03 · published 2023-10-03T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/33929-bangkok-post-bot-baht-slump-in-line-with-regional-trend
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht raises the cost of dollar-priced feed imports for Thailand, and possible central bank intervention could limit the move.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2656791/bot-baht-slump-in-line-with-regional-trend

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