# Thai Baht Strengthens as Dollar Drops after Fed’s Rate Hike Fears Ease - KAOHOON INTERNATIONAL

> The Thai baht opened at 35.46 per dollar, firmer than Friday's close of 35.49, as the dollar eased on reduced worries about further Fed rate hikes. Analysts said the baht remained weaker than other regional currencies.

- Date: 2022-06-27 · published 2022-06-27T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/41221-thai-baht-strengthens-as-dollar-drops-after-fed-s-rate-hike-fears-ease-kaohoon
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A firmer baht slightly lowers the local cost of dollar-priced feed imports, though the currency remains weak overall.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- kaohooninternational.com: https://www.kaohooninternational.com/markets/513548

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