# Bankers see low impact on baht from Fed rate rises

> Commercial bankers in Thailand forecast only a slight baht depreciation despite market expectations of up to four US Fed rate rises this year. They expect the Thai policy rate to hold at 1.5% for the rest of 2018. The baht is projected to trade in a 30.80-31.20 per dollar range.

- Date: 2018-02-28 · published 2018-02-28T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/66762-bankers-see-low-impact-on-baht-from-fed-rate-rises
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stable or slightly weaker baht keeps Thai import costs for feed ingredients roughly steady. Feed buyers in Thailand see little currency-driven pressure on dollar-priced grain and meal.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30339897

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