# Bangkok Post - Explainer: Should we be concerned about the baht?

> The Thai baht has weakened to a five-year low of 34.62 per dollar as of May 9, 2022, after gaining strongly in January. Analysts attribute the decline to risk-off flows after the Russia-Ukraine war and a stronger dollar.

- Date: 2022-05-11 · published 2022-05-11T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/41682-bangkok-post-explainer-should-we-be-concerned-about-the-baht
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Persistent baht weakness raises the local-currency cost of imported feed ingredients and makes dollar-priced commodities more expensive for Thai buyers.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2308042/explainer-should-we-be-concerned-about-the-baht-

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