# Baht strengthens in line with stock markets

> The baht opened at 32.63 per US dollar on March 31, slightly stronger than Monday's close of 32.66. Gains in US and European equities supported Asian currencies, while WTI crude fell about 6%.

- Date: 2020-03-31 · published 2020-03-31T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/54387-baht-strengthens-in-line-with-stock-markets
- 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 lowers Thai import costs for feed ingredients, while lower oil prices reduce energy input costs across the supply chain.

## Read by commodity

- WTI: bearish ▼
- USDTHB: bearish ▼

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30385117

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