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Thai Baht Opens at 33.66 per Dollar on July 21, 2026

Thai Baht Opens at 33.66 per Dollar on July 21, 2026

Prachachat•Economy•1h ago

Reader Briefing

The Thai Baht opened at 33.66 per US Dollar on July 21, 2026, amid depreciation momentum driven by Middle East tensions.

  • •The Thai Baht opened at 33.66 per US Dollar on July 21, 2026.
  • •TttB Money Market and International Transaction Department reports a depreciation momentum for the Thai Baht.
  • •Tensions in the Middle East are driving investors toward the US Dollar as a safe-haven asset.
  • •Foreign investors net bought 1,819 million baht in Thai stocks and 1,927 million baht in Thai bonds yesterday.

Overview

  • •The Thai Baht opened at 33.66 per US Dollar on July 21, 2026, close to the previous close of 33.65 per US Dollar.
  • •TttB Money Market and International Transaction Department attributes the Thai Baht's depreciation momentum to tensions in the Middle East.
  • •Investors expect prolonged Middle East tensions to increase oil prices and drive the US Dollar as a safe-haven asset.
  • •The US Dollar Index remained stable at 100.80.
  • •The US Federal Reserve is currently in a blackout period before the FOMC meeting, resulting in fewer comments and data from the US side.
  • •Market volatility may affect foreign fund flows due to Middle East uncertainty and selling pressure in AI and Semiconductor stocks.
  • •Foreign investors net bought Thai stocks worth 1,819 million baht and Thai bonds worth 1,927 million baht yesterday.
  • •The Thai Baht is expected to fluctuate between 33.60 and 33.90 per US Dollar over the next 24 hours.

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Key Entities

Organization

TttB Money Market and International Transaction Department(ฝ่ายธุรกิจตลาดเงินและธุรกรรมระหว่างประเทศ ทีทีบี)
The entity that provided the analysis of the Thai Baht's opening rate and market momentum.
Fed
The US central bank currently in a blackout period before an FOMC meeting.
US Federal Reserve(ธนาคารกลางสหรัฐฯ)ℹ️
The central bank whose potential interest rate hikes are causing market concern.

Place

Middle East(ตะวันออกกลาง)ℹ️
The region where tensions are causing investors to seek safe-haven assets.