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Thailand's finance minister told the central bank to prepare to address the baht, which fell to 36.07 per dollar, its lowest since December 2015. He said the weakness stems from external factors such as recession fears and safe-haven flows into the dollar.
A baht at a six-year low raises the cost of imported inputs for Thai feed producers, and possible central bank intervention could temporarily reverse the move.
thaienquirer.comPanithan OnthawornJul 6, 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.
