# Asia’s worst-performing currency May have further to fall | FMT

> Mizuho Bank expects the Thai baht, on track to be the worst-performing emerging Asian currency this quarter, to keep weakening. Foreign funds have pulled a net $3.8 billion from Thai equities since March, the largest quarterly outflow since at least 1999.

- Date: 2018-06-28 · published 2018-06-28T12:00:00.000Z
- Category: trade · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/64762-asia-s-worst-performing-currency-may-have-further-to-fall-fmt
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Trade friction fears that threaten Thailand's current-account surplus support continued baht weakness, which raises import costs for feed ingredients priced in dollars.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/business/2018/06/28/asias-worst-performing-currency-may-have-further-to-fall

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