# The baht opened at 36.12 baht/dollar, keeping an eye on this week's main central bank meeting - Money & Banking Magazine

> The baht opened at 36.12 per dollar, firmer than the prior week's close of 36.21, after trading between 36.08 and 36.26 during the week. Gold prices rose on Israel-Hamas conflict concerns, and the dollar eased after US PCE inflation did not clearly accelerate. Traders were focused on the Fed, BOJ and BOE meetings.

- Date: 2023-10-30 · published 2023-10-30T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/33923-the-baht-opened-at-36-12-baht-dollar-keeping-an-eye-on-this-week-s-main-central
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Modest baht strength lowers the dollar cost of imports for Thai feed buyers, but safe-haven dollar demand keeps the currency range-bound.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2023/70125/

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