Loading…
The Thai baht and Philippine peso weakened on September 27 while most other Asian currencies were steady against a flat US dollar. The baht has lost more than 10% this year, and the peso hit a two-month low on a widening trade deficit.
Analysts cited COVID-19 outbreaks and delayed tourism reopening as drags on Thailand's recovery.
Regional currency weakness can raise local feed import costs and shift demand for dollar-priced feed ingredients. The impact on global grain and meal prices is limited.
financialpost.comReutersSep 27, 2021Not 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.
