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The Thai baht rose to 32.303 per dollar on Feb. 15, its strongest level since September, after breaking the 32.50 psychological level the previous day.
Strong foreign inflows into Thai stocks and bonds, driven by optimism over a quarantine-free visa programme for tourism, supported the currency.
A stronger baht lowers the local-currency cost of dollar-priced feed imports, although the driver is tourism and capital flows rather than farm supply.
bangkokpost.comBangkok Post Public Company LimitedFeb 15, 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.
