Loading…
The baht weakened to about 34 per US dollar on Tuesday, its lowest level against the greenback in five years. Analysts warned of further losses amid Federal Reserve rate hikes and COVID-19 outbreaks in China.
Baht weakness raises the local-currency cost of imported feed ingredients for Thailand, and analysts expect further depreciation, which keeps import costs elevated.
thaienquirer.comPanithan OnthawornApr 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.
