# KBank warns of baht volatility after sell-offs

> The baht sold off early in the week of December 9 after stronger-than-expected Chinese PMI data, falling to a one-month low of 30.38 per dollar. The Bank of Thailand warned the currency would be volatile and unlikely to keep one-sided gains. Kasikorn Research expected a trading range of 30.20 to 30.50.

- Date: 2019-12-09 · published 2019-12-09T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/55846-kbank-warns-of-baht-volatility-after-sell-offs
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Baht volatility affects Thai importers' costs and export margins, and a weaker baht supports Thai export competitiveness. The impact on feed commodity markets is minor.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30379223

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