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The baht opened at 34.70 per dollar on December 9, 2022, slightly stronger than the prior close of 34.79. Krungthai expected a range of 34.50 to 35.20 and flagged US PPI and inflation data as sources of volatility.
Baht moves shift the local cost of imported feed ingredients, and the pending US data could move the dollar and commodity prices.
nationthailand.comDec 9, 2022Not 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.
