# Baht weakens as Omicron cases surge in Thailand

> 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.

- Date: 2022-02-22 · published 2022-02-22T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/42972-baht-weakens-as-omicron-cases-surge-in-thailand
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

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.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/business/40012608

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