# Baht up as investors believe Omicron will not get much worse in Thailand

> The baht opened at 33.67 per dollar on December 22, strengthening from the prior close of 33.71. Analysts expected limited weakness because the central bank and foreign investors judged the Omicron impact would be modest. The central bank's policy statement was due that day.

- Date: 2021-12-22 · published 2021-12-22T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/43880-baht-up-as-investors-believe-omicron-will-not-get-much-worse-in-thailand
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Currency moves of this size are routine and have negligible effect on global feed ingredient prices.

## Read by commodity

- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/business/40010276

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