# Baht rate unchanged as all eyes on key BOT meeting

> The baht opened unchanged at 29.95 per US dollar on January 21, 2021, with traders awaiting a Bank of Thailand meeting. Risk sentiment improved after Joe Biden's inauguration, lifting the S&P 500 and WTI crude to $53.20 per barrel.

- Date: 2021-01-21 · published 2021-01-21T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/49400-baht-rate-unchanged-as-all-eyes-on-key-bot-meeting
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A firmer baht and stronger risk appetite have little direct effect on feed grain supply, but a stronger crude price modestly supports energy-linked feed costs.

## Read by commodity

- WTI: bullish ▲
- USDTHB: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-04-12 | [The Commodities Feed: All eyes on US CPI \| articles \| ING THINK](https://feedsoft.ai/events/36345-the-commodities-feed-all-eyes-on-us-cpi-articles-ing-think.md) | -0.8% | -9.6% |
| WTI | 2017-06-30 | [Canadian Dollar Exchange Rates Boosted As GDP Comes In On Forecast And Oil Boosts The CAD](https://feedsoft.ai/events/70739-canadian-dollar-exchange-rates-boosted-as-gdp-comes-in-on-forecast-and-oil.md) | -1.5% | +10.7% |
| WTI | 2017-11-23 | [MXN Gains With Oil Prices \| Exchange Rates UK](https://feedsoft.ai/events/68194-mxn-gains-with-oil-prices-exchange-rates-uk.md) | -0.9% | +0.7% |
| WTI | 2026-03-26 | [Bangkok Post - Baht may fall further on oil price exposure](https://feedsoft.ai/events/20441-bangkok-post-baht-may-fall-further-on-oil-price-exposure.md) | +11.2% | +7.7% |
| WTI | 2026-05-18 | [Euro declines as risk aversion, Fed rate hike odds increase](https://feedsoft.ai/events/19477-euro-declines-as-risk-aversion-fed-rate-hike-odds-increase.md) | -8.1% | -22.7% |

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30401587

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