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The Thai baht closed at 33.79 per dollar on October 25, weakening from 33.67, in line with regional currencies and lower gold prices. Analysts pointed to firm US data and expectations that the Federal Reserve would not speed up rate cuts.
A weaker baht and firmer dollar increase the local cost of imported feed ingredients in Thailand and tend to pressure dollar-denominated commodity prices.
pattayamail.comPattaya MailOct 26, 2024Not enough comparable past events yet for a historical read.
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.
