# Asian currencies move in tight ranges, Thai baht slips - Markets - Business Recorder

> Most Asian currencies traded narrowly on March 29 while the Thai baht weakened 0.4% ahead of an expected central bank rate hike. Analysts expected the Bank of Thailand to pause further hikes after the review.

- Date: 2023-03-29 · published 2023-03-29T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/37136-asian-currencies-move-in-tight-ranges-thai-baht-slips-markets-business-recorder
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Narrow Asian currency moves carry little direct weight for feed buyers, though a weaker baht marginally raises Thai import costs.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- brecorder.com: https://www.brecorder.com/news/40234149

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