# The value of the baht opened this morning at 33.75 baht/dollar - Money & Banking Magazine

> The Thai baht opened at 33.75 per dollar, slightly stronger than the prior week's close of 33.79. Gains were supported by rising gold prices and profit-taking on baht-short positions, with exporters selling dollars near 33.85.

- Date: 2024-10-28 · published 2024-10-28T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/28149-the-value-of-the-baht-opened-this-morning-at-33-75-baht-dollar-money-and
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A marginally firmer baht slightly lowers Thai import costs for feed ingredients, though the effect on global grain prices is minimal.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2024/136765/

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