# Baht at 8-month low against US dollar - ThaiResidents.com - Thai Local News - Thai News

> The Thai baht fell to its weakest level in eight months on June 29, breaching 33.20 per dollar. Analysts said the slide mirrors other Asian currencies amid trade war worries between the US and its trading partners.

- Date: 2018-06-29 · published 2018-06-29T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/64761-baht-at-8-month-low-against-us-dollar-thairesidents-com-thai-local-news-thai
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Currency weakness in Thailand, a major feed and poultry market, raises dollar-denominated import costs for feed ingredients and reflects regional risk aversion tied to trade tensions.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- thairesidents.com: https://thairesidents.com/money/baht-8-month-low-us-dollar/

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