Loading…

KResearch reports the baht touched its strongest level in more than four years at 31.58 per dollar on September 9. The baht has gained 7.5% this year, driven by a weaker dollar and foreign bond purchases.
KResearch warns the currency strength could drag on growth and export earnings.
A strong baht reduces the baht value of Thai export earnings and can slow regional trade volumes. This is a modest macro factor for Southeast Asian agricultural export 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.