# All eyes on Fed meeting, imminent US/China trade deal, and domestic factors which may impact the Baht in the short (Current Issue No.2971)
 - KASIKORN RESEARCH CENTER

> Kasikorn Research Center reports the baht weakened from late February to early March 2019 after hitting a five-year high of THB31.07 per dollar. The baht fell 2.4 percent between February 20 and March 5, more than other Asian currencies, amid foreign equity and bond sales and a firmer dollar.

- Date: 2019-03-05 · published 2019-03-05T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/60359-all-eyes-on-fed-meeting-imminent-us-china-trade-deal-and-domestic-factors-which
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Rapid baht volatility raises hedging costs for Thai importers and exporters of feed ingredients and shifts the relative competitiveness of Thai exports.

## Read by commodity

- USDTHB: neutral

## Sources

- kasikornresearch.com: https://www.kasikornresearch.com/en/analysis/k-econ/economy/Pages/z2971.aspx

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