# Thai baht weakness driven by external factors, FinMin says | Reuters

> Thailand's finance minister said the weakening baht is driven by external factors, while the central bank monitors it closely. The baht traded at its weakest against the dollar in over five years, pressured by the strong dollar and the yuan.

- Date: 2022-07-06 · published 2022-07-06T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/40760-thai-baht-weakness-driven-by-external-factors-finmin-says-reuters
- 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 makes Thai imports of feed ingredients and energy costlier while lifting the local-currency value of Thai export demand, so feed buyers should expect higher landed costs for imported Asian feed inputs.

## Read by commodity

- DXY: bullish ▲
- USDTHB: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-07-28 | [Dollar approaches R$5,60 again, driven by external factors after agreement between the US and EU \| Brasil 247](https://feedsoft.ai/events/24001-dollar-approaches-r-5-60-again-driven-by-external-factors-after-agreement.md) | +1.0% | +0.2% |
| DXY | 2022-06-18 | [Ringgit slump due to external factors, economists say \| MalaysiaNow](https://feedsoft.ai/events/41232-ringgit-slump-due-to-external-factors-economists-say-malaysianow.md) | -0.9% | +1.0% |
| DXY | 2022-09-24 | [Prairie cash wheat: External factors raise bids - AgCanada](https://feedsoft.ai/events/39635-prairie-cash-wheat-external-factors-raise-bids-agcanada.md) | +0.2% | +0.6% |
| DXY | 2025-09-19 | [Dollar extends post-Fed rebound; sterling hit by fiscal worries \| Reuters](https://feedsoft.ai/events/23081-dollar-extends-post-fed-rebound-sterling-hit-by-fiscal-worries-reuters.md) | +0.7% | +0.9% |
| DXY | 2022-07-11 | [BoT Governor defends weaker Thai Baht, says weaker currency is nothing to worry - Thai Enquirer Main](https://feedsoft.ai/events/40766-bot-governor-defends-weaker-thai-baht-says-weaker-currency-is-nothing-to-worry.md) | +0.8% | -0.1% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/thai-baht-weakness-driven-by-external-factors-finmin-says-2022-07-06/

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