# The Baht remains strong while Asian stock markets slide

> The baht held near 30.60 per dollar while Asian stock markets fell after new U.S.-China tariff escalation and violent protests in Hong Kong. The Hang Seng and Nikkei led the declines, and gold prices rose after the tariff tweets.

- Date: 2019-08-26 · published 2019-08-26T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/57868-the-baht-remains-strong-while-asian-stock-markets-slide
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Regional risk-off moves can briefly lift the dollar against Asian currencies, but the baht's haven status limits its downside. The effect on feed-ingredient prices is minimal.

## Read by commodity

- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30375352

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