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Kasikorn Bank expects the baht to trade between 34.90 and 35.50 per dollar in the week of August 28 to September 1, watching Thai politics, capital flows and the yuan. The baht had hit its strongest level in over two weeks before easing after weaker-than-expected Thai exports and GDP data.
Currency moves in Thailand affect the cost of imported feed inputs and the competitiveness of Thai feed and poultry exports, but the forecast is routine currency commentary with little direct grain or meal price impact.
en.moneyandbanking.co.thbank financeAug 26, 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.
