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The baht fell below 36 per US dollar after the Bank of Japan raised interest rates for the first time in 17 years, which did not help Asian currencies. Analysts expect further baht depreciation.
A weaker baht increases the cost of dollar-priced feed imports such as soybean meal and corn for Thai buyers.
bangkokpost.comNareerat WiriyapongMar 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.
