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The Bank of Thailand says it intervened heavily in the baht market in the second half of the year, though it could only mitigate fluctuations. The governor said the central bank does not want the currency to strengthen to the point of hurting exporters.
The baht is up 10.3% against the dollar this year.
Official intervention signals a limit on further baht gains, which would ease pressure on Thai export competitiveness. Thai rice and other agricultural exports are the most exposed.
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.