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The Bank of Thailand responded to the U.S. decision to keep Thailand on its currency manipulation watchlist by saying it intervened in the market only to curb baht volatility. The central bank's stance signals it is not seeking to push the currency in either direction.
Limited central bank intervention means the baht is likely to track market flows rather than policy, so the currency impact on dollar-priced feed imports is modest.
bloomberg.comSuttinee (Ying) YuvejwattanaApr 17, 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.
