# The baht opened at 34.75 baht/dollar, moving weakly. Keep an eye on the US debt ceiling - MPC results. - Money & Banking Magazine

> The baht opened at 34.75 per dollar, weaker than the prior close of 34.60. Traders are watching U.S. debt ceiling negotiations and the upcoming Bank of Thailand policy meeting. Regional equity markets were mixed, and crude oil fell more than 3% after Russia opposed further OPEC+ production cuts.

- Date: 2023-05-26 · published 2023-05-26T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/36225-the-baht-opened-at-34-75-baht-dollar-moving-weakly-keep-an-eye-on-the-us-debt
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

This is a routine market wrap with no new cause for the baht move. Feed prices are not directly affected.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2023/40772/

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