# The Baht broke the THB33.00/USD level, while the SET faced sell-offs at the end of the week
 - KASIKORN RESEARCH CENTER

> The Thai baht broke the 33.00 per dollar level in the week ending September 17, while the Stock Exchange of Thailand fell on sell-offs in large-cap and low free-float stocks. Concerns over Chinese regulatory measures and planned SET index criteria changes also weighed on sentiment. The report is a market commentary covering regional stock and currency moves.

- Date: 2021-09-17 · published 2021-09-17T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/45332-the-baht-broke-the-thb33-00-usd-level-while-the-set-faced-sell-offs-at-the-end
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht against the dollar raises the local cost of imported feed ingredients in Thailand. The effect on global feed prices is small.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- kasikornresearch.com: https://www.kasikornresearch.com/en/analysis/k-econ/financial/Pages/pisr17sep2021.aspx

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