The Thai baht opened at 32.75 per dollar on January 31, 2023, slightly weaker than the prior close of 32.70. US stocks fell more than 1.3% as investors cut risk ahead of central bank decisions, and WTI crude dropped more than 2% to about $78 per barrel.
The dollar index rose above 102.2.
A firmer dollar and weaker crude weigh on energy-linked feed and fuel costs while lifting the import cost of dollar-priced goods in Thailand. The move is a routine daily currency quote with limited direct effect on feed commodity prices.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.