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The baht fell as much as 1% to 33.523 per dollar, its biggest drop since late November, after Thailand raised its Covid alert level to the second-highest tier. The move was also linked to hawkish FOMC minutes and energy import costs.
Covid restrictions weighing on tourism and a stronger dollar lift the cost of imports priced in dollars, but the impact on feed commodities is small.
financialpost.comBloomberg NewsJan 6, 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.
