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The baht opened at 32.27 per US dollar on Feb. 22, weaker than Monday's close of 32.16.
Krungthai Bank attributed the pressure to rising Omicron cases, which could prompt renewed strict prevention measures, and to possible foreign selling of Thai stocks over Russia-Ukraine risks.
Renewed baht weakness raises the local-currency cost of dollar-priced feed imports, and the Omicron-related restrictions could also weigh on demand in Thailand.
nationthailand.comFeb 22, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
