# Thai baht hits 5-year low as China curbs foreign travel - Nikkei Asia

> The Thai baht fell to a five-year low against the dollar on May 13, 2022. Beijing's COVID-related curbs on outbound travel weighed on prospects for Thailand's tourism sector, which has not recovered to pre-pandemic visitor levels.

- Date: 2022-05-13 · published 2022-05-13T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/41679-thai-baht-hits-5-year-low-as-china-curbs-foreign-travel-nikkei-asia
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht raises the THB cost of dollar-priced imports, including feed ingredients, while weak Chinese tourism demand slows the recovery that supports Thai domestic feed demand.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/currencies/thai-baht-hits-5-year-low-as-china-curbs-foreign-travel

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