
A Bloomberg survey of analysts expects the baht to appreciate only about 1% against the dollar by year-end, roughly half the typical rise for the final two months. Weak exports, sluggish Chinese tourism and expectations of further Bank of Thailand rate cuts are cited as the main reasons.
The Tourism Authority of Thailand expects foreign arrivals to fall about 6% this year.
Slower baht gains keep Thai import costs elevated, while weak exports and tourism point to softer demand for Thai economic activity.
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.