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The Thai baht fell as much as 0.5% to its lowest since January 2017 on Wednesday, amid broader regional currency weakness. Bank of Thailand minutes showed a more hawkish tone, and the Philippine peso also hit a multi-year low.
Continued baht and regional currency weakness raises import costs for USD-priced feed ingredients in Southeast Asia.
brecorder.comReutersJun 22, 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.
