# Baht strengthens after US inflation rate jumps 7%

> The baht opened at 33.26 per dollar, strengthening from 33.37, as investors moved risk-on after US inflation reportedly jumped to 7%. Analysts expected the baht to be capped near 33 by importer dollar buying.

- Date: 2022-01-13 · published 2022-01-13T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/43410-baht-strengthens-after-us-inflation-rate-jumps-7
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

US inflation data supporting Fed tightening lifts the dollar and affects emerging-Asia currencies, with little direct effect on feed prices.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/business/40011032

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