# Baht could weaken today

> The baht opened at 31.17 per US dollar on May 12, weakening from Tuesday's close of 31.10. Krungthai Bank expects it to trade between 31.15 and 31.25 during the day. The bank said the baht could weaken if foreign investors keep selling Thai stocks, and that exporters' dollar selling should limit the move.

- Date: 2021-05-12 · published 2021-05-12T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/47361-baht-could-weaken-today
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The expected trading range is narrow, so feed buyers face little change in baht-denominated import costs. The article is routine currency commentary with no new driver.

## Read by commodity

- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/business/40000787

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