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Thailand's central bank governor said the current policy rate is appropriate for now and that Middle East conflict is a concern. The baht has fallen about 4.4% against the dollar this year, more than its regional peers, due to external factors and capital outflows.
A weaker baht raises the cost of imported feed ingredients priced in dollars for Thai buyers, while the central bank's steady stance limits further near-term currency moves.
reuters.comOct 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.
