# Baht sinks lowest in seven weeks, expected to swing sideways

> The baht hit its weakest level in seven weeks, opening at 33.05 per dollar. Analysts expected it to trade sideways between 32.95 and 33.15 as foreign investors sold Thai stocks.

- Date: 2022-01-18 · published 2022-01-18T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/43408-baht-sinks-lowest-in-seven-weeks-expected-to-swing-sideways
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Routine currency commentary with minimal consequences for feed grain or ingredient prices.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/business/40011212

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