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Thailand's Shippers' Council expects exports to grow 2% this year, the top of its earlier forecast range. It warned that the rapid baht appreciation, which reached a 31-month high at 32.125 per dollar, would hurt exporters and agricultural and food shipments.
A strong baht makes Thai agricultural exports less competitive, which can reduce Thai demand for imported feed inputs and shift export flows.
reuters.comOct 1, 2024Not 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.
