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Thailand's central bank said it is ready to intervene against excessive baht volatility, managing moves it considers unhinged from fundamentals. The statement came as local businesses urged action to temper the currency's rally that hurts exports and tourism.
A stronger baht erodes the competitiveness of Thai exports and tourism, and a central bank intervention could alter currency flows affecting Thai feed-ingredient import costs and buying power.
bloomberg.comSuttinee YuvejwattanaJun 27, 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.
