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Krungthai strategist Poon Panichphibun said the baht traded in a 35.10 to 35.31 range overnight and opened at 35.18 per dollar ahead of Thailand's prime minister vote. Stronger US tech stocks, led by Nvidia's expected earnings, supported risk sentiment across markets.
Routine baht commentary tied to a political vote has little direct effect on feed grain or meal prices, though a weaker baht would raise Thai feed import costs.
en.moneyandbanking.co.thbank financeAug 22, 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.
