# Thai Baht weakens to Baht35/USD

> The Thai baht opened at 35.13 per US dollar on June 26, its sharpest weakening in over three months. The move was attributed to a stronger dollar, lower gold prices and foreign selling of Thai assets.

- Date: 2023-06-26 · published 2023-06-26T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/35748-thai-baht-weakens-to-baht35-usd
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht raises the local cost of dollar-priced feed ingredients for Thai buyers. The move is a currency-driven story with little direct effect on feed commodity supply.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/thailand/economy/40028855

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