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The baht opened at 38.14 per dollar, firmer than Friday's close of 38.34, as foreign investors returned to Thai stocks. A Krungthai strategist forecast a sideways range of 38.00 to 38.25 with resistance at 38.50.
Upcoming ECB and BoJ meetings could add volatility.
A firmer baht slightly lowers the local-currency cost of dollar-priced feed imports into Thailand.
nationthailand.comOct 25, 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.
