# Thai baht is worst performing currency in Southeast Asia  - Nikkei Asia

> The Thai baht was the weakest performer among commonly traded Southeast Asian currencies in the first quarter of 2021. The decline followed a sharp drop in international tourist arrivals that eroded Thailand's fundamentals.

- Date: 2021-04-01 · published 2021-04-01T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/47877-thai-baht-is-worst-performing-currency-in-southeast-asia-nikkei-asia
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weak baht makes dollar-priced feed ingredients more expensive for Thai buyers, and the tourism-driven pressure could persist.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/thai-baht-is-worst-performing-currency-in-southeast-asia

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