# Baht and Rupiah Face Pressure as Markets Raise Fed Rate-Hike Bets – TheCryptoNews.eu

> The Thai baht and Indonesian rupiah are under pressure as markets raise odds of a Federal Reserve rate hike, with futures pricing a 54% chance of a hike by September 2026. The baht trades near 33.14 per dollar and the rupiah near 17,756.

- Date: 2026-10-31 · published 2026-11-01T06:11:26.442Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/4303-baht-and-rupiah-face-pressure-as-markets-raise-fed-rate-hike-bets-thecryptonews
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Higher expected US rates strengthen the dollar and raise the local-currency cost of imported feed grains and meal in Southeast Asia. A firmer dollar also tends to pressure dollar-denominated grain prices.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲
- USDTHB: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-08-31 | [Thai Baht, Indonesian Rupiah Under Pressure as Fed Hike Odds Climb](https://feedsoft.ai/events/18172-thai-baht-indonesian-rupiah-under-pressure-as-fed-hike-odds-climb.md) | -0.6% | +1.6% |
| DXY | 2021-10-12 | [Money markets ramp up global rate hike bets, add pressure on central banks \| Reuters](https://feedsoft.ai/events/44808-money-markets-ramp-up-global-rate-hike-bets-add-pressure-on-central-banks.md) | -0.5% | -0.7% |
| DXY | 2026-08-31 | [Dollar holds near two-week high as bets rise on September Fed rate hike \| Markets News - Business Standard](https://feedsoft.ai/events/18081-dollar-holds-near-two-week-high-as-bets-rise-on-september-fed-rate-hike-markets.md) | -0.6% | +1.6% |
| DXY | 2022-01-24 | [Oil falls 2% as Fed rate hike talk spooks risk markets](https://feedsoft.ai/events/43049-oil-falls-2-as-fed-rate-hike-talk-spooks-risk-markets.md) | +1.2% | +0.2% |
| DXY | 2021-06-29 | [Baht, rupiah under pressure as virus woes support dollar - Markets - Business Recorder](https://feedsoft.ai/events/46855-baht-rupiah-under-pressure-as-virus-woes-support-dollar-markets-business.md) | +0.8% | +1.1% |

## Sources

- thecryptonews.eu: https://thecryptonews.eu/baht-rupiah-inclined-as-fed-rate-hike-expectations-rise/

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