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The baht rallied to a four-year high against the dollar in September, despite a 19% US tariff on Thai goods and sluggish tourism. The article questions why the currency strengthened given weak economic conditions.
Gold prices and US trade policy are highlighted as factors behind the move.
A stronger baht lowers the local-currency cost of imported feed ingredients for Thailand, but the effect on world feed prices is small.
bloomberg.comSuttinee (Ying) Yuvejwattana, Matthew BurgessOct 3, 2025Not 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.
