Loading…
Bank of Thailand Governor Vitai Ratanakorn defended the 1% policy rate against calls to tighten, arguing that global market conditions rather than the US rate gap are driving the baht lower. He forecast stronger exports, 2.3% GDP growth and only temporary inflation from the oil shock.
The governor's stance signals no near-term Thai rate hike, so the baht is likely to stay under pressure against the dollar. That keeps imported feed costs elevated for Thai buyers.
thaiexaminer.comJoseph O' ConnorJun 28, 2026Not 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.
