Loading…
The baht has risen about 10% against the dollar since end-June, its largest move since early 1998. Tourism and business groups and two Thai ministers have urged the Bank of Thailand to curb the rally.
Pressure to temper the baht's rise shows the currency's strength is hurting Thai export competitiveness, a background factor for Thai commodity-linked trade flows.
bloomberg.comPathom Sangwongwanich, Suttinee (Ying) YuvejwattanaSep 19, 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.
