# Baht expected to weaken but unlikely to dip below 33 to US dollar

> The baht opened at 32.87 per dollar on July 30, unchanged from the previous close. Krungthai Bank expects it to trade between 32.80 and 32.95 and not weaken below 33 unless global Covid conditions worsen.

- Date: 2021-07-30 · published 2021-07-30T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/46335-baht-expected-to-weaken-but-unlikely-to-dip-below-33-to-us-dollar
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A stable baht near 33 keeps Thai feed import costs roughly steady in the short term. Continued foreign selling of Thai assets is a downside risk that could lift dollar-denominated input costs.

## Read by commodity

- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/business/40003951

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