The baht opened at 33.63 per dollar on 21 October 2026, slightly firmer than the previous close of 33.65. Analysts expect a 24-hour range of 33.50–33.80. The Fed is widely expected to hold rates at 3.75–4.00% on 27–28 October, with a possible hike in December. Indonesian market turmoil could bring some short-term inflows into Thai assets, which would limit baht weakness. For a business that imports or exports, this is only a small move: check your dollar quotes and hedges, but no immediate action is needed.