# Baht, peso weaken, while most of Asia FX steadies | Financial Post

> The Thai baht and Philippine peso weakened on September 27 while most other Asian currencies were steady against a flat US dollar. The baht has lost more than 10% this year, and the peso hit a two-month low on a widening trade deficit. Analysts cited COVID-19 outbreaks and delayed tourism reopening as drags on Thailand's recovery.

- Date: 2021-09-27 · published 2021-09-27T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/45330-baht-peso-weaken-while-most-of-asia-fx-steadies-financial-post
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Regional currency weakness can raise local feed import costs and shift demand for dollar-priced feed ingredients. The impact on global grain and meal prices is limited.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/baht-peso-weaken-while-most-of-asia-fx-steadies

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