# Thai c.bank stands pat on rates, no easing seen this year

> The Bank of Thailand left its policy rate unchanged and did not signal any easing this year. The central bank said it would closely monitor the baht, which has depreciated about 11% against the dollar so far this year. The baht is emerging Asia's worst-performing currency.

- Date: 2021-09-29 · published 2021-09-29T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/45331-thai-c-bank-stands-pat-on-rates-no-easing-seen-this-year
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Holding rates steady keeps Thai borrowing costs high and supports the baht, which affects the cost of imported feed inputs in Thailand. The effect on global feed prices is minor.

## Read by commodity

- USDTHB: neutral

## Sources

- reuters.com: https://www.reuters.com/world/asia-pacific/thai-cbank-holds-key-rate-economy-recovers-covid-19-slump-2021-09-29/

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