# The baht weakened to 33 baht / dollar, the lowest level around 7 months after the Fed signaled the planned interest. – News – PK Money

> The baht weakened to 33 per dollar, its weakest level in about seven months, as the dollar rallied after the Federal Reserve signaled further rate increases. US Treasury yields rose in the same move.

- Date: 2018-12-02 · published 2018-12-02T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/61821-the-baht-weakened-to-33-baht-dollar-the-lowest-level-around-7-months-after-the
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker baht raises the local-currency cost of imported feed ingredients for Thai producers, while firm US rates strengthen the dollar broadly, which can pressure dollar-denominated commodity prices.

## Read by commodity

- DXY: bullish ▲
- USDTHB: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-10-04 | [Rand falls to lowest level against the dollar in months](https://feedsoft.ai/events/33924-rand-falls-to-lowest-level-against-the-dollar-in-months.md) | -0.8% | +0.0% |
| DXY | 2017-06-20 | [Baht weakens against dollar after Fed official’s comments - ThaiResidents.com - Thai Local News - Thai News](https://feedsoft.ai/events/70786-baht-weakens-against-dollar-after-fed-official-s-comments-thairesidents-com.md) | +0.0% | -2.1% |
| DXY | 2026-09-17 | [Investors are increasing their bets on the Thai baht weakening to its highest level in two months, affected by high oil prices and a stronger dollar. - Money & Banking Magazine](https://feedsoft.ai/events/17735-investors-are-increasing-their-bets-on-the-thai-baht-weakening-to-its-highest.md) | +1.0% | +2.2% |
| DXY | 2022-07-14 | [Canadian dollar falls to a 20-month low after supersized interest rate hike](https://feedsoft.ai/events/40721-canadian-dollar-falls-to-a-20-month-low-after-supersized-interest-rate-hike.md) | -0.6% | -2.1% |
| DXY | 2023-06-30 | [Yen weakens to ¥145 per dollar, nears 2022 intervention level - The Japan Times](https://feedsoft.ai/events/35733-yen-weakens-to-145-per-dollar-nears-2022-intervention-level-the-japan-times.md) | -0.4% | -1.5% |

## Sources

- pkmoney.co.th: https://www.pkmoney.co.th/en/news/the-baht-weakened-to-33-baht-dollar-the-lowest-level-around-7-months-after-the-fed-signaled-the-planned-interest

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