# Thai Baht surges past THB31.25/USD as weaker greenback continues to pressure Thai currency (Current Issue No.2962)
 - KASIKORN RESEARCH CENTER

> The baht surged past 31.25 per dollar, up about 4.4 percent since the start of 2019, as a weaker US dollar pressured the Thai currency. KASIKORN Research expects dollar weakness to continue in the first half of the year, driven by US budget and debt-ceiling politics.

- Date: 2019-01-31 · published 2019-01-31T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/61344-thai-baht-surges-past-thb31-25-usd-as-weaker-greenback-continues-to-pressure
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Dollar weakness and a firmer baht raise the local-currency cost of dollar-priced feed imports in Thailand, a mild cost consideration for feed buyers there.

## Read by commodity

- DXY: bearish ▼
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-09-23 | [Rand defies pressure: US tariffs fail to weaken currency’s surge against the Dollar](https://feedsoft.ai/events/23181-rand-defies-pressure-us-tariffs-fail-to-weaken-currency-s-surge-against-the.md) | +0.3% | +0.9% |
| DXY | 2026-07-30 | [Euro climbs to six-week high as suspected Japanese intervention pressures Greenback](https://feedsoft.ai/events/18559-euro-climbs-to-six-week-high-as-suspected-japanese-intervention-pressures.md) | -1.2% | -1.9% |
| DXY | 2025-08-28 | [US Dollar: China Allows Faster USD/CNY Gains as Selling Pressure Hits Greenback \| Investing.com](https://feedsoft.ai/events/23544-us-dollar-china-allows-faster-usd-cny-gains-as-selling-pressure-hits-greenback.md) | +0.0% | -0.2% |
| DXY | 2023-03-13 | [Thai baht climbs as Asian currencies gain on weak US dollar](https://feedsoft.ai/events/37133-thai-baht-climbs-as-asian-currencies-gain-on-weak-us-dollar.md) | +0.3% | -1.6% |
| DXY | 2023-12-28 | [Baht continues to strengthen as gold price rises](https://feedsoft.ai/events/32970-baht-continues-to-strengthen-as-gold-price-rises.md) | +1.0% | +1.8% |

## Sources

- kasikornresearch.com: https://www.kasikornresearch.com/en/analysis/k-econ/financial/Pages/z2962.aspx

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