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The Bank of Thailand kept its one-day repurchase rate at 2.50%, ending a year-long tightening cycle, and cut its 2023 and 2024 growth forecasts. The central bank also flagged uncertainty over the government's 500 billion baht digital handout.
Rate policy and weaker growth outlook point to softer Thai domestic demand for feed and meat, while a steady policy rate has limited direct effect on feed prices.
investing.comNov 29, 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.
