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The Thai baht has fallen against the dollar since mid-February, when it traded at 32.10, and closed at 33.70 on March 28. Analysts attribute the slide to safe-haven demand after the Ukraine war and to economic recovery concerns, including a new Shanghai lockdown.
A weaker baht raises import costs for Thai feed buyers, and expected Fed hikes add further dollar strength pressure.
kaohooninternational.comChom AttakornMar 29, 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.
