# Baht advances as foreigners plough THB6.3 bn into short-term bonds

> The baht opened at 33.45 per dollar on December 9, strengthening from 33.48. Foreign investors bought 6.3 billion baht of short-term Thai bonds, their first such purchase since the Omicron spread. Analysts expected the baht to hold near 33.40 to 33.50.

- Date: 2021-12-09 · published 2021-12-09T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/43883-baht-advances-as-foreigners-plough-thb6-3-bn-into-short-term-bonds
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Foreign bond inflows that firm the baht are a routine currency driver with negligible direct impact on global feed commodity prices.

## Read by commodity

- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/business/40009788

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