# THB/USD: Thai Central Bank Flags Inflation Risk From Further Baht Decline - Bloomberg

> The Bank of Thailand said Thailand faces rising inflation risk from its 14-year-high inflation if the baht keeps weakening. About 75% of Thai imports are priced in dollars, so currency declines pass through quickly to costs. The central bank says it is closely monitoring the exchange rate.

- Date: 2022-10-17 · published 2022-10-17T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/39404-thb-usd-thai-central-bank-flags-inflation-risk-from-further-baht-decline
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht raises the baht cost of dollar-priced feed ingredients and imports for Thai buyers, which pushes up local feed costs.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-10-17/thai-central-bank-flags-inflation-risk-from-further-baht-decline

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