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The baht weakened 0.3% to 32.29 per US dollar after touching its strongest level since 2022, as Thai and Cambodian troops clashed near their disputed border. Thai jets struck two Cambodian army posts.
Stocks on the SET index fell about 1%.
Border fighting adds regional risk and gives investors a reason to take profits on the baht's rally. The effect on feed markets is limited unless the conflict disrupts Thai trade or logistics.
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.