# Weaker baht may not help economy if COVID not contained | Thai PBS World

> The baht has slid for weeks as COVID infections and deaths surged, reaching 33.39 per dollar, its weakest in almost three years. Kasikorn Research said the currency reflects divergence between a slow Thai recovery and a faster US recovery. Thailand's vaccination coverage is under 10% of the population.

- Date: 2021-08-12 · published 2021-08-12T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/45831-weaker-baht-may-not-help-economy-if-covid-not-contained-thai-pbs-world
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht raises the cost of imported feed ingredients for Thai producers, while slow vaccination prolongs restrictions that cut demand. Analysts see a possible rebound only if the outbreak is contained.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- thaipbsworld.com: https://www.thaipbsworld.com/economy/weaker-baht-may-not-help-economy-if-covid-not-contained

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