The baht opened at 33.64 per dollar on 8 Oct, firmer than the previous close of 33.72, with a 24-hour range of 33.50-33.80 expected. The dollar is supported by US 10-year yields at 5.35%, the highest since 2002, and by expectations of further Fed hikes. US rates feed into Thai mortgage, car and credit-card rates, so a small firm with dollar-linked imports or loans should watch borrowing costs. Exporters should note the baht is strengthening, which trims baht income from dollar sales. No action is needed today; keep an eye on the range.
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