# Baht strengthens a tad

> The baht opened at 29.98 per dollar on January 20, 2021, strengthening from 30.03 the previous day. Markets were risk-on on hopes for Biden stimulus, and WTI rose 1.3% to about $53 per barrel.

- Date: 2021-01-20 · published 2021-01-20T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/49402-baht-strengthens-a-tad
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Currency moves of this size have negligible impact on feed costs for Thai buyers, while modest crude gains add slight upward pressure on energy-linked costs.

## Read by commodity

- WTI: bullish ▲
- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30401512

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