# Baht slide slows on Tuesday opening after Monday dive

> The baht opened at 36.29 per dollar on November 22, weakening slightly from 36.23 at the previous close. Analysts blamed risk-off sentiment tied to China's Covid situation, which prompted foreign sales of emerging-market assets. Traders were told to watch Federal Reserve statements on the pace and ceiling of rate rises.

- Date: 2022-11-22 · published 2022-11-22T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/38967-baht-slide-slows-on-tuesday-opening-after-monday-dive
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht raises the local cost of imported feed and other dollar-priced goods. The move reflects broader emerging-market risk sentiment rather than a grain-specific driver.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/thailand/economy/40022319

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