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The baht weakened to a one-week low of 36.10 per dollar after foreign investors sold Thai bonds and stocks following the government's details on a 10,000-baht digital handout. Analysts cited renewed concerns over fiscal discipline tied to a planned 500 billion baht borrowing bill.
Thai currency and capital outflows affect the import cost of feed ingredients priced in dollars, with a weaker baht making imported meal and grain costlier for Thai buyers.
bangkokpost.comNareerat WiriyapongNov 13, 2023Not 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.
