# Thai baht, malaysian ringgit and other emerging currencies doing well

> The Thai baht has been Asia's best-performing currency, gaining 1.3% since mid-August, while the ringgit has been relatively resilient amid emerging market turmoil. Argentine peso, Turkish lira, and Indonesian rupiah were among the hardest hit.

- Date: 2018-09-07 · published 2018-09-07T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/63310-thai-baht-malaysian-ringgit-and-other-emerging-currencies-doing-well
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Relative strength in the baht and ringgit eases import cost pressure for Thai and Malaysian feed buyers compared with weaker regional peers.

## Read by commodity

- USDMYR: bearish ▼
- USDTHB: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2018/09/07/thai-baht-malaysian-ringgit-and-other-emerging-currencies-doing-well.html

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