# Baht opens weaker, may drop further if China lockdown spooks investors

> The baht opened at 36.66 per dollar, weaker than the prior close, with a forecast range of 36.60 to 36.80. Analysts warned it could slide to 37 if China imposes new lockdowns and markets turn risk-off.

- Date: 2022-07-26 · published 2022-07-26T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/40762-baht-opens-weaker-may-drop-further-if-china-lockdown-spooks-investors
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A China lockdown-driven risk-off move would weaken Asian currencies and dampen Asian demand for commodities, while a firmer dollar raises the cost of imported feed for Thai buyers.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/business/40018149

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