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The baht opened at 35.40 per dollar on November 30, strengthening slightly from 35.42 the previous close. Investors bet that China would ease Covid controls sooner than expected, which offset dollar strength and a weaker gold price.
Analysts warned that the Federal Reserve's policy signals could still pressure the currency.
Expectations of Chinese reopening support regional demand and currencies, which lowers the baht's import cost. The effect on feed markets is limited.
nationthailand.comNov 30, 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.
