Loading…
The Bank of Thailand said it had intervened in currency markets at times to curb excessive moves in the baht. The baht traded around 36.9 per dollar after falling past 37 on April 22 and 23.
Assistant governor Piti Disyatat said the current policy rate was close to neutral and the central bank was ready to adjust it if needed.
Central bank intervention limits short-term baht volatility, which steadies the local cost of imported feed inputs. The policy stance signals no immediate rate change that would alter regional feed demand.
theinvestor.vnVietnam News AgencyApr 27, 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.
