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The Finance Ministry expects the baht to rebound in the second half of 2022 as the current account deficit narrows with tourism recovery and central bank rate hikes. The ministry projects a current account deficit of about $6.01 billion for the year.
An expected baht rebound would ease Thai import costs for feed ingredients later in the year, though the forecast is a government projection rather than a confirmed move.
bangkokpost.comWichit ChantanusornsiriJul 9, 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.
