# Baht expected to move in a narrow range

> The baht opened at 31.20 per dollar on October 20 and was expected to trade narrowly. Markets were volatile after the S&P 500 fell 1.6% on US stimulus concerns, and the yuan strengthened to 6.68 per dollar.

- Date: 2020-10-20 · published 2020-10-20T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/50884-baht-expected-to-move-in-a-narrow-range
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Routine currency commentary with a stable baht outlook and limited direct impact on grain or feed prices.

## Read by commodity

- USDTHB: neutral

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30396474

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