# The baht opened this morning "weaker" at 34.28 baht/dollar, following US economic data - Thai inflation - Money & Banking Magazine

> The baht opened at 34.28 per dollar, weaker than the previous close of 34.19. Traders were watching US employment data and the ISM PMI reports. Market participants had turned more risk-on after banking-sector worries eased.

- Date: 2023-04-03 · published 2023-04-03T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/36657-the-baht-opened-this-morning-weaker-at-34-28-baht-dollar-following-us-economic
- 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 imports into Thailand. The move reflects routine trading ahead of US data rather than a new supply or demand driver.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2023/32247/

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