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The baht opened at 36.66 per dollar, weaker than the prior close, with a forecast range of 36.60 to 36.80. Analysts warned it could slide to 37 if China imposes new lockdowns and markets turn risk-off.
A China lockdown-driven risk-off move would weaken Asian currencies and dampen Asian demand for commodities, while a firmer dollar raises the cost of imported feed for Thai buyers.
nationthailand.comJul 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.
