# Thai currency hits strongest level in 13 months at 33.84 baht per dollar; further fluctuation in Sep - Pattaya Mail

> The Thai baht strengthened to 33.84 per US dollar, its highest in 13 months, before closing at 33.88 on August 30. Kasikorn Research noted the currency gained as the offshore yuan firmed, while the dollar lacked support ahead of key US inflation data. Foreign investors sold a net 3.18 billion baht in Thai stocks and 3.18 billion baht in Thai bonds.

- Date: 2024-08-31 · published 2024-08-31T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/29093-thai-currency-hits-strongest-level-in-13-months-at-33-84-baht-per-dollar
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stronger baht makes Thai-denominated feed and ingredient purchases cheaper for local buyers, while the outflows point to some caution in regional assets. The move is currency-driven and has little direct effect on feed grain or meal prices.

## Sources

- pattayamail.com: https://www.pattayamail.com/thailandnews/thai-currency-hits-strongest-level-in-13-months-at-33-84-baht-per-dollar-further-fluctuation-in-sep-470557

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