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The baht opened at 32.66 per dollar on July 14, weakening from 32.60 the prior day. Foreign investors were selling Thai assets amid Covid uncertainty, while a strong dollar linked to U.S. inflation added pressure.
Continued foreign outflows and a firm dollar push up the cost of dollar-priced feed imports for Thai buyers. A gradual baht decline is the expected path unless Covid conditions or Fed signals change.
nationthailand.comJul 14, 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.
