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The baht opened at 33.25 per dollar on March 31, strengthening from 33.31 the prior day. Krungthai Bank strategist Poon Panichpibool expects limited weakness because foreigners have bought 7 billion baht of short-term Thai bonds over two days.
A firmer baht lowers the local-currency cost of imported feed ingredients for Thailand, while uncertainty over Ukraine-Russia talks is the main downside risk.
nationthailand.comMar 31, 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.
