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The baht fell to 35.285 per dollar, its weakest since March 1, as the political stalemate over forming a government weighed on Thai assets. Analysts expect a rise in Chinese and Australian tourists to support the baht and see a possible rally if the political situation resolves.
Tourism inflows could support the baht and reduce import costs for Thai feed buyers. The story is mainly about currency and politics with little effect on feed commodity prices.
bangkokpost.comBloombergJun 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.
