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The baht opened at 34.21 per dollar on March 27, weakening from 34.13 the prior week. Analysts flagged US PCE inflation data and banking-system stability as the key drivers for the week ahead.
Dollar strength and the Fed outlook affect the cost of dollar-priced feed imports in Thailand, though the effect on global grain prices is modest.
en.moneyandbanking.co.thbank financeMar 27, 2023Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
