# Bangkok Post - Baht falls below 37 to the dollar

> The baht fell past 37 per dollar on September 16, its weakest level since December 2006, as several Asian currencies hit multi-year lows. The yuan also slipped past 7 per dollar, while bets on a large Fed rate hike lifted Treasury yields. Analysts said the People's Bank of China would manage the pace of moves rather than defend specific levels.

- Date: 2022-09-16 · published 2022-09-16T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/39875-bangkok-post-baht-falls-below-37-to-the-dollar
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Weaker Asian currencies raise dollar-denominated feed import costs across the region and can reduce regional purchasing power for feed ingredients. The move reflects dollar strength that is broadly pressuring emerging-market currencies.

## Read by commodity

- DXY: bullish ▲
- USDTHB: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-01-24 | [Bangkok Post - Baht forecast to hit 36.5 by mid-year](https://feedsoft.ai/events/73243-bangkok-post-baht-forecast-to-hit-36-5-by-mid-year.md) | -0.4% | -0.6% |
| DXY | 2022-08-23 | [Euro falls below parity with the dollar. What's the impact? \| AP News](https://feedsoft.ai/events/40249-euro-falls-below-parity-with-the-dollar-what-s-the-impact-ap-news.md) | -0.1% | +1.2% |
| DXY | 2023-10-04 | [Rand falls to lowest level against the dollar in months](https://feedsoft.ai/events/33924-rand-falls-to-lowest-level-against-the-dollar-in-months.md) | -0.8% | +0.0% |
| DXY | 2024-12-19 | [Bangkok Post - Baht to weaken next year amid US tariffs](https://feedsoft.ai/events/27243-bangkok-post-baht-to-weaken-next-year-amid-us-tariffs.md) | +0.5% | +1.4% |
| DXY | 2022-07-13 | [Explainer: Why the euro's fall below parity versus dollar matters](https://feedsoft.ai/events/40708-explainer-why-the-euro-s-fall-below-parity-versus-dollar-matters.md) | -0.8% | -1.3% |

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2393430/baht-falls-below-37-to-the-dollar

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