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The Bank of Thailand said the Thai-US interest rate gap poses limited risk of capital outflows because markets have already priced it in. Net international reserves exceed US$300 billion and cover short-term external debt 2.8 times.
The central bank said movements in the baht were mainly driven by the US dollar.
A stable baht with strong reserves limits near-term import cost inflation for Thai feed buyers. This reduces the risk of a sharp currency-driven rise in landed feed ingredient prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.