# Bangkok Post - Hedge your baht bets

> A Bangkok Post commentary argues the Thai baht will stay volatile into 2022, noting it weakened from 29.90 to 33.90 per dollar before recovering to about 32.80. It names the US dollar, tourism recovery and oil prices as the main drivers.

- Date: 2021-11-26 · published 2021-11-26T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/44312-bangkok-post-hedge-your-baht-bets
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Baht volatility changes the landed cost of Thai feed and protein imports, and oil price swings feed into freight and fuel costs. The piece is analysis rather than a new shock.

## Read by commodity

- BRENT: neutral
- USDTHB: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-03-15 | [Hedge funds slash oil positions amid extreme volatility](https://feedsoft.ai/events/5998-hedge-funds-slash-oil-positions-amid-extreme-volatility.md) | +9.5% | -9.6% |
| BRENT | 2025-07-27 | [Oil Caught Between a $70 Summer and Growing Surplus Fears \| Financial Post](https://feedsoft.ai/events/23926-oil-caught-between-a-70-summer-and-growing-surplus-fears-financial-post.md) | +1.9% | -1.2% |
| BRENT | 2024-12-31 | [Baht, oil prices expected to face volatility in 2025: NESDC](https://feedsoft.ai/events/27244-baht-oil-prices-expected-to-face-volatility-in-2025-nesdc.md) | +4.2% | +4.6% |
| BRENT | 2017-04-10 | [OPEC's original cut 'just missed paving the road to hell', but extension needed for oil to hit $60: Citi \| Financial Post](https://feedsoft.ai/events/71675-opec-s-original-cut-just-missed-paving-the-road-to-hell-but-extension-needed.md) | +0.6% | -12.4% |
| BRENT | 2022-12-08 | [Rupee inches up as U.S. yields drop, weak Asian cues cap gains \| Financial Post](https://feedsoft.ai/events/38493-rupee-inches-up-as-u-s-yields-drop-weak-asian-cues-cap-gains-financial-post.md) | +7.6% | +0.4% |

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2222031/hedge-your-baht-bets

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