# Baht weakens against dollar on Friday but experts see upswing ahead

> The baht opened at 34.03 per dollar on January 6, 2023, weaker than the prior close of 33.87. The weakness came from a firmer dollar and lower gold prices. Analysts expected the baht to recover toward 33.50 as Chinese tourists returned.

- Date: 2023-01-06 · published 2023-01-06T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/38065-baht-weakens-against-dollar-on-friday-but-experts-see-upswing-ahead
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker baht raises the local cost of dollar-priced feed imports, though the move is small and reflects routine currency trading. Analysts expected the currency to recover, which would ease that pressure.

## Read by commodity

- DXY: bullish ▲
- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/business/banking-finance/40023773

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