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The baht opened at 36.12 per dollar, firmer than the prior week's close of 36.21, after trading between 36.08 and 36.26 during the week. Gold prices rose on Israel-Hamas conflict concerns, and the dollar eased after US PCE inflation did not clearly accelerate.
Traders were focused on the Fed, BOJ and BOE meetings.
Modest baht strength lowers the dollar cost of imports for Thai feed buyers, but safe-haven dollar demand keeps the currency range-bound.
en.moneyandbanking.co.thbank financeOct 30, 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.
