# Krungsri expects the baht to trade in the range of 67-33.75 baht/dollar at the end of 34.50 - Money & Banking Magazine

> Krungsri expects the baht to trade between 33.75 and 34.50 per dollar in the week ahead, after closing the prior week at 34.06. The dollar strengthened against most majors as the Fed signalled slower rate cuts and markets anticipated supportive policies under Trump.

- Date: 2024-12-30 · published 2024-12-30T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/27247-krungsri-expects-the-baht-to-trade-in-the-range-of-67-33-75-baht-dollar-at-the
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency moves of this size have a limited direct impact on feed grain prices, but they shift Thai import costs for dollar-priced ingredients.

## Read by commodity

- DXY: bullish ▲
- USDTHB: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-03-27 | [Krungthai reveals the baht is depreciating, opening at 34.21 baht/dollar, following US inflation figures - Money & Banking Magazine](https://feedsoft.ai/events/37134-krungthai-reveals-the-baht-is-depreciating-opening-at-34-21-baht-dollar.md) | -0.9% | -1.0% |
| 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 | 2023-10-04 | [BoT Governor reveals the baht is depreciating The main reason is the strong dollar. Emphasizing not going against market forces - Money & Banking Magazine](https://feedsoft.ai/events/33930-bot-governor-reveals-the-baht-is-depreciating-the-main-reason-is-the-strong.md) | -0.8% | +0.0% |
| DXY | 2024-12-19 | [Thai Baht opens at 34.58 per US dollar, expected to weaken further - Pattaya Mail](https://feedsoft.ai/events/27248-thai-baht-opens-at-34-58-per-us-dollar-expected-to-weaken-further-pattaya-mail.md) | +0.5% | +1.4% |
| DXY | 2026-03-23 | [Pound dips against dollar amid mounting expectations of Bank of England rate increase](https://feedsoft.ai/events/20435-pound-dips-against-dollar-amid-mounting-expectations-of-bank-of-england-rate.md) | +0.5% | -1.8% |

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2024/148050/

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