# Thai Baht (THB USD) Is Asia's Worst Currency After Tourism Wipeout - Bloomberg

> Thailand's baht has become Asia's worst-performing currency as the collapse in tourism weighs on the economy. Commerzbank sees the baht falling to 32 per dollar, with Japanese outflows and a current-account deficit adding pressure.

- Date: 2021-03-30 · published 2021-03-30T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/48379-thai-baht-thb-usd-is-asia-s-worst-currency-after-tourism-wipeout-bloomberg
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht with tourism collapsed points to Thai economic weakness and FX-driven currency moves that matter for feed input costs priced in USD and imported into Thailand.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2021-03-30/tourism-wipeout-makes-baht-asia-s-worst-emerging-market-currency

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