# Baht could sink even further, analyst warns - Thai Enquirer Main

> An analyst at Krungsri Securities said the baht could fall another 3-4% after reaching its lowest level since late 2017, around 33 per dollar. The currency has lost more than 9% against the dollar since the end of 2020. Thailand's growth is expected to lag regional peers until at least 2022.

- Date: 2021-08-04 · published 2021-08-04T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/45833-baht-could-sink-even-further-analyst-warns-thai-enquirer-main
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A continued baht decline would raise the local cost of dollar-priced feed imports. The outlook of slower growth also points to weaker feed demand in Thailand.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- thaienquirer.com: https://www.thaienquirer.com/30858/baht-could-sink-even-further-analyst-warns/

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