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The Bank of Thailand acknowledged intervening in the baht's exchange rate to manage its strength against the dollar. Gross international reserves rose to $235.6 billion in August, partly reflecting that intervention and dollar weakness.
Central bank intervention to slow baht appreciation signals policy support for Thai exporters, with limited direct effect on feed commodity prices.
bangkokpost.comSomruedi BanchongduangSep 30, 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.
