# Asian markets rally as geopolitical fears ease; Thai cenbank holds rates - Business & Finance - Business Recorder

> Asian currencies and equities gained on March 30 after Russia and Ukraine negotiators met in Istanbul, and Moscow promised to scale back military action around Kyiv. The Bank of Thailand kept its key rate unchanged and cut its 2022 growth outlook while expecting inflation above target.

- Date: 2022-03-31 · published 2022-03-31T12:00:00.000Z
- Category: geopolitics · region Asia · magnitude low
- Page: https://feedsoft.ai/events/42512-asian-markets-rally-as-geopolitical-fears-ease-thai-cenbank-holds-rates
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Reduced geopolitical risk lowers safe-haven demand for the dollar, which supports emerging-market currencies and eases pressure on regional feed import costs.

## Read by commodity

- DXY: bearish ▼
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-08-24 | [Sterling slips vs euro after scant progress in Brexit talks - Markets - Business Recorder](https://feedsoft.ai/events/51865-sterling-slips-vs-euro-after-scant-progress-in-brexit-talks-markets-business.md) | -1.0% | -0.6% |
| DXY | 2026-03-25 | [Gold rises over 2% on softer dollar, easing fears of higher interest rates \| Commodity News - Business Standard](https://feedsoft.ai/events/20076-gold-rises-over-2-on-softer-dollar-easing-fears-of-higher-interest-rates.md) | +0.8% | -1.4% |
| DXY | 2026-04-08 | [Dollar falls as US-Iran ceasefire sparks relief rally for risk assets \| MarketScreener](https://feedsoft.ai/events/11160-dollar-falls-as-us-iran-ceasefire-sparks-relief-rally-for-risk-assets.md) | -1.6% | -1.4% |
| DXY | 2026-04-01 | [Gold set for worst month in more than 17 years as U.S. rate-cut hopes fade](https://feedsoft.ai/events/20072-gold-set-for-worst-month-in-more-than-17-years-as-u-s-rate-cut-hopes-fade.md) | -0.6% | -1.9% |
| DXY | 2025-06-24 | [Crude Prices Plunge as Geopolitical Risk Premium Vanishes](https://feedsoft.ai/events/10001-crude-prices-plunge-as-geopolitical-risk-premium-vanishes.md) | -1.5% | -1.2% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40164122

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