# Baht up slightly against dollar but all eyes on Thai export data

> The baht opened slightly stronger at 34.68 per US dollar on December 22, 2022, from 34.70 the previous day. Krungthai strategists expected a sideways range of 34.55 to 34.75, with the dollar index near 104.

- Date: 2022-12-22 · published 2022-12-22T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/38470-baht-up-slightly-against-dollar-but-all-eyes-on-thai-export-data
- 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 firmer baht lowers the local-currency cost of Thai feed and ingredient imports, while a stronger dollar index tends to weigh on dollar-denominated grain prices.

## Read by commodity

- DXY: neutral
- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/thailand/economy/40023330

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