# Thai baht strengthens amid Fed Rate Speculation, swinging around 34.50-34.75 baht per dollar - Pattaya Mail

> The baht opened at 34.64 per dollar on November 21, slightly firmer than the prior close, with a day range expected at 34.50 to 34.75. The move reflected speculation that the US Federal Reserve may slow its rate cuts and some safe-haven demand for gold.

- Date: 2024-11-21 · published 2024-11-21T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/27688-thai-baht-strengthens-amid-fed-rate-speculation-swinging-around-34-50-34-75
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Routine daily currency commentary with no new supply or demand shift for feed commodities. The baht's small moves have little effect on Thai feed import costs.

## Sources

- pattayamail.com: https://www.pattayamail.com/thailandnews/thai-baht-strengthens-amid-fed-rate-speculation-swinging-around-34-50-34-75-baht-per-dollar-480885

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