The baht opened at 32.90 per dollar, near the prior close of 32.93. TTB expects a 24-hour range of 32.80 to 33.10. Oil prices are rising on Middle East tensions, which raises global inflation risk. US CPI on Friday and the FOMC meeting on 15-16 Sep could shift rate expectations and move the baht. For importers, price USD-linked purchases with this band in mind. For exporters, the range is narrow for now, so no major change to pricing is needed. Foreign investors bought a net 3,136 million baht of Thai stocks and sold 2,640 million baht of Thai bonds the previous day.
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