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The baht opened at 38.05 per dollar, strengthening from 38.29 as the dollar weakened in a risk-on market. A Krungthai strategist expected gains to be capped near 37.80 to 37.90 as importers buy dollars at month-end.
Investors are also watching ECB and BoJ decisions.
Stronger baht levels modestly reduce Thai import costs for dollar-denominated feed, though month-end dollar demand may limit gains.
nationthailand.comOct 26, 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.
