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Kasikorn Bank forecast the baht at 36.00-36.50 per dollar for October 30 to November 3. The baht closed at 36.23 on October 27, versus 36.51 a week earlier, and foreign investors were net sellers of Thai stocks but net buyers of Thai bonds.
Key events included the Fed meeting and US payrolls data.
The forecast range implies only small currency moves, so Thai feed import costs are unlikely to shift much in the coming week.
en.moneyandbanking.co.thbank financeOct 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.
