# The baht opened at 35.18 baht/dollar, keeping an eye on today's prime minister vote - Money & Banking Magazine

> Krungthai strategist Poon Panichphibun said the baht traded in a 35.10 to 35.31 range overnight and opened at 35.18 per dollar ahead of Thailand's prime minister vote. Stronger US tech stocks, led by Nvidia's expected earnings, supported risk sentiment across markets.

- Date: 2023-08-22 · published 2023-08-22T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/34847-the-baht-opened-at-35-18-baht-dollar-keeping-an-eye-on-today-s-prime-minister
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Routine baht commentary tied to a political vote has little direct effect on feed grain or meal prices, though a weaker baht would raise Thai feed import costs.

## Read by commodity

- USDTHB: neutral

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2023/56645/

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