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The Thai baht fell 0.6% to its weakest level since November 30, 2022, on June 28 as doubts grew over whether Move Forward could secure enough votes to form a government. Most other emerging Asian currencies also weakened against a firmer dollar after resilient US data.
Political uncertainty in Thailand is weighing on the baht, raising dollar-denominated import costs for Thai feed buyers. The effect on grain and meal prices is limited because the move is driven by domestic politics and dollar strength.
en.vietnamplus.vnVietnam+ (VietnamPlusJun 29, 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.
