# Delta epidemic sends Thai baht to 15-month low - Nikkei Asia

> The Thai baht fell to a 15-month low against the dollar as the Delta-variant Covid epidemic dimmed investor hopes for a quick tourism and economic recovery. Its depreciation was sharper than that of regional peers such as the Malaysian ringgit and Philippine peso.

- Date: 2021-07-30 · published 2021-07-30T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/46333-delta-epidemic-sends-thai-baht-to-15-month-low-nikkei-asia
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht raises the cost of imported feed inputs for Thai producers, while a weak economy cuts domestic demand for animal protein. The currency move is the main near-term price signal for buyers in Thailand.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/delta-epidemic-sends-thai-baht-to-15-month-low

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