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Bank of Thailand Governor Sethaput Suthiwartnarueput warned that lower Asian interest rates relative to advanced economies are increasing baht volatility, which now swings 8%-9% versus 3%-4% before the pandemic. He said this presages challenges for exchange rates and capital flows.
Higher currency volatility in emerging Asia raises hedging costs and uncertainty for importers of feed raw materials priced in dollars.
financialpost.comBloomberg NewsNov 28, 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.
