# Baht bumps up as currency market buffeted by Russia-Ukraine crisis

> The baht opened at 32.48 per US dollar on Feb. 25, stronger than Thursday's close of 32.60. Krungthai Bank expected a range of 32.35 to 32.65 as Russia-Ukraine tensions and Omicron cases kept the currency volatile.

- Date: 2022-02-25 · published 2022-02-25T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/42969-baht-bumps-up-as-currency-market-buffeted-by-russia-ukraine-crisis
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A firmer baht slightly lowers the local-currency cost of dollar-priced feed imports, although the move is small and driven mainly by risk sentiment.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/business/40012742

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