The baht opened at 33.68 per USD, close to Wednesday's 33.69 close, and is expected to trade between 33.50 and 33.90 over the next 24 hours. The move is driven by a stronger dollar after US Treasury yields hit multi-decade highs, and traders are waiting on the US jobs report due today (consensus: +98,000 jobs, unemployment 4.1%). Foreign investors sold a net 3,562 million baht of Thai equities and 2,359 million baht of Thai bonds. For a business, this is a routine daily range: no action needed unless you have large USD payments or receipts due this week, in which case check your forward contract or bank rate before settling.
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