# Thai baht depreciates against US dollar | Thaiger

> The baht weakened to about 35 per dollar on December 16, from 34.92 the day before. Weak US November retail sales and an ECB rate hike to 2% pushed European stocks lower and risk sentiment down.

- Date: 2022-12-16 · published 2022-12-16T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/38473-thai-baht-depreciates-against-us-dollar-thaiger
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker baht raises the local cost of imported feed ingredients, while risk-off moves add volatility to dollar-linked commodity pricing.

## Read by commodity

- DXY: bullish ▲
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-01-01 | [Vietnam Dong Declines to Record Low Against US Dollar](https://feedsoft.ai/events/27262-vietnam-dong-declines-to-record-low-against-us-dollar.md) | -0.2% | -0.9% |
| DXY | 2018-11-13 | [Ringgit ends lower against US dollar \| FMT](https://feedsoft.ai/events/62311-ringgit-ends-lower-against-us-dollar-fmt.md) | -0.4% | -0.2% |
| DXY | 2020-03-24 | [US dollar to test 105 against basket of currencies, says analyst](https://feedsoft.ai/events/6585-us-dollar-to-test-105-against-basket-of-currencies-says-analyst.md) | -2.3% | -2.4% |
| DXY | 2016-12-15 | [Euro tumbles to near 14-year low against US dollar](https://feedsoft.ai/events/5966-euro-tumbles-to-near-14-year-low-against-us-dollar.md) | +1.6% | +1.1% |
| DXY | 2025-01-29 | [US dollar firms against peers after Fed holds rates steady](https://feedsoft.ai/events/26413-us-dollar-firms-against-peers-after-fed-holds-rates-steady.md) | -0.1% | -0.8% |

## Sources

- thethaiger.com: https://thethaiger.com/hot-news/economy/thai-baht-depreciates-against-us-dollar

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