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The Thai baht strengthened to 32.11 per US dollar, its strongest level since February 2022, on hopes for a US trade deal and foreign inflows into Thai stocks. Gold prices near record highs also supported the currency.
A stronger baht makes Thai exports and tourism less competitive and pressures authorities to intervene. For feed buyers, a firmer baht lowers the local-currency cost of importing feed ingredients into Thailand.
bloomberg.comMarcus Wong, Prima WirayaniJul 24, 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.
