# Fed rate, oil prices and regional currencies are 3 factors weakening Thai Baht late this year (Current Issue No.2931)
 - KASIKORN RESEARCH CENTER

> The Thai baht touched 33.10 per dollar on October 9, down 2.6% from early October, while Thai 10-year government bond yields rose to 2.88%, a 21-month high. KResearch cites three pressures: a firmer dollar on Fed tightening, high oil prices, and the US-China trade dispute. Regional currencies are under similar strain.

- Date: 2018-10-10 · published 2018-10-10T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/62799-fed-rate-oil-prices-and-regional-currencies-are-3-factors-weakening-thai-baht
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar and higher oil costs raise import bills across emerging Asia, supporting dollar-based feed prices in Thai terms. Oil strength also feeds through to freight and fuel costs.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲
- USDTHB: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 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) | -9.9% | -7.1% |
| WTI | 2026-09-28 | [Asian currencies: Thai baht hits two-month low as oil prices surge - Markets - Business Recorder](https://feedsoft.ai/events/17732-asian-currencies-thai-baht-hits-two-month-low-as-oil-prices-surge-markets.md) | +9.1% | +18.9% |
| WTI | 2025-06-25 | [Diesel prices soar: Regional breakdown of  how Middle East conflict is impacting U.S gas and diesel prices \| FleetOwner](https://feedsoft.ai/events/24387-diesel-prices-soar-regional-breakdown-of-how-middle-east-conflict-is-impacting.md) | +1.8% | +3.1% |
| WTI | 2022-03-08 | [Specter of stagflation looms due to soaring oil prices, weakening won - The Korea Times](https://feedsoft.ai/events/42506-specter-of-stagflation-looms-due-to-soaring-oil-prices-weakening-won-the-korea.md) | -13.5% | -13.4% |
| WTI | 2024-07-31 | [Latin American Stocks And Currencies Climb On Oil Rebound And Weak Dollar - Finimize](https://feedsoft.ai/events/29564-latin-american-stocks-and-currencies-climb-on-oil-rebound-and-weak-dollar.md) | -2.1% | +0.6% |
| 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 | 2026-09-28 | [Asian currencies: Thai baht hits two-month low as oil prices surge - Markets - Business Recorder](https://feedsoft.ai/events/17732-asian-currencies-thai-baht-hits-two-month-low-as-oil-prices-surge-markets.md) | +0.9% | +1.1% |
| DXY | 2023-10-04 | [The Fed - U.S. Interest Rates and Emerging Market Currencies: Taking Stock 10 Years After the Taper Tantrum](https://feedsoft.ai/events/33530-the-fed-u-s-interest-rates-and-emerging-market-currencies-taking-stock-10-years.md) | -0.8% | +0.0% |

## Sources

- kasikornresearch.com: https://www.kasikornresearch.com/en/analysis/k-econ/economy/Pages/z2931.aspx

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