# Baht could gradually weaken

> The baht opened at 32.66 per dollar on July 14, weakening from 32.60 the prior day. Foreign investors were selling Thai assets amid Covid uncertainty, while a strong dollar linked to U.S. inflation added pressure.

- Date: 2021-07-14 · published 2021-07-14T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/46339-baht-could-gradually-weaken
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Continued foreign outflows and a firm dollar push up the cost of dollar-priced feed imports for Thai buyers. A gradual baht decline is the expected path unless Covid conditions or Fed signals change.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/business/40003221

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