# Bangkok Post - Baht leads declines among weak Asian currencies

> Most emerging Asian currencies weakened against a stronger dollar on September 29, with the Thai baht falling more than 1% after a quarter-point rate hike. Governor Sethaput said the central bank is ready to adjust the pace of tightening and could hold an off-cycle meeting if needed. The baht has lost about 12.7% against the dollar this year.

- Date: 2022-09-29 · published 2022-09-29T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/39871-bangkok-post-baht-leads-declines-among-weak-asian-currencies
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The baht's slide tracks broad dollar strength rather than a Thai-specific shock, so import costs for Thai feed users keep rising. Any policy shift toward faster tightening could eventually limit further baht weakness.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2403281/baht-leads-declines-among-weak-asian-currencies

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