# The baht opened at 35.27 baht/dollar, "depreciating", keeping an eye on the Fed Chairman's statement - Money & Banking Magazine

> The baht opened at 35.27 per dollar on December 1, weakening from 35.19 the previous day. The dollar firmed against the euro and sterling, while gold flows gave the baht some support as major central banks were expected to cut rates.

- Date: 2023-12-01 · published 2023-12-01T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/32973-the-baht-opened-at-35-27-baht-dollar-depreciating-keeping-an-eye-on-the-fed
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Routine currency commentary with no major new driver; a weaker baht slightly raises dollar-priced feed import costs for Thai buyers.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2023/77479/

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