# Finance minister orders BoT to be ready for action as Thai baht falls to 6-year low against USD - Thai Enquirer Market Watch

> Thailand's finance minister told the central bank to prepare to address the baht, which fell to 36.07 per dollar, its lowest since December 2015. He said the weakness stems from external factors such as recession fears and safe-haven flows into the dollar.

- Date: 2022-07-06 · published 2022-07-06T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/40765-finance-minister-orders-bot-to-be-ready-for-action-as-thai-baht-falls-to-6-year
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A baht at a six-year low raises the cost of imported inputs for Thai feed producers, and possible central bank intervention could temporarily reverse the move.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- thaienquirer.com: https://www.thaienquirer.com/41523/finance-minister-orders-bot-to-be-ready-for-action-as-thai-baht-falls-to-6-year-low-against-usd/

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