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The baht opened at 35.46 per dollar, after dropping to a five-year low of 35.57 the prior week. Bloomberg reported the baht's 6% quarterly drop was its worst since early 2020, and that tourism recovery and a possible central bank hike could help it stabilise.
Expected baht stabilisation would ease pressure on the local cost of USD-priced feed imports, but the outlook remains uncertain.
kaohooninternational.comTotem SuvineeJun 27, 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.
