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The baht weakened to 34.34 per dollar on January 2 from 34.12 the previous week. The move followed a firmer dollar and lower gold prices, and the analyst expects the baht to test resistance near 34.50.
A weaker baht raises the local cost of dollar-priced feed imports into Thailand. The effect on global feed markets is limited.
nationthailand.comJan 2, 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.
