# Thai Baht Breaks 4-Year Resistance to Bt33.53 against Strong Dollars

> The Thai baht fell 0.31% to 33.53 per US dollar, breaking a four-year resistance level last seen in 2017. The move reflected expectations that the Federal Reserve could raise rates earlier than projected in 2022 and 2023. Thai border reopening could be delayed until November due to low vaccination rates.

- Date: 2021-09-27 · published 2021-09-27T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/45329-thai-baht-breaks-4-year-resistance-to-bt33-53-against-strong-dollars
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Currency weakness in Thailand raises import costs for feed inputs priced in dollars, but the direct effect on world feed prices is small. Tourism weakness is the main domestic driver.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- kaohoon.com: https://www.kaohoon.com/news/480690

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