# Thai baht rises more than 1%, other Asian currencies subdued | Financial Post

> The Thai baht gained more than 1% to its highest level since late September after Thailand ended quarantine rules for vaccinated visitors from 10 low-risk countries. Other Asian currencies were subdued, with the South Korean won hitting its lowest level in over a year.

- Date: 2021-10-12 · published 2021-10-12T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/44826-thai-baht-rises-more-than-1-other-asian-currencies-subdued-financial-post
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Currency moves in Thailand and Korea have little direct effect on global feed grain or meal prices, so the impact on feed buyers is limited.

## Read by commodity

- USDKRW: bullish ▲
- USDTHB: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/thai-baht-rises-more-than-1-other-asian-currencies-subdued

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