# Baht rate unchanged in opening trade

> The baht opened at 30.03 per US dollar on Wednesday, February 24, 2021, unchanged from the prior close. Analysts expected it to stay in a narrow range, with possible strengthening if financial markets calmed after Fed Chair Powell's reassurance on policy.

- Date: 2021-02-24 · published 2021-02-24T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/48904-baht-rate-unchanged-in-opening-trade
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Currency moves in a narrow band add little pricing pressure to imported feed ingredients for Thai buyers, so the effect on feed costs is minimal.

## Read by commodity

- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30403003

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