Loading…
The Thai baht was the weakest performer among commonly traded Southeast Asian currencies in the first quarter of 2021. The decline followed a sharp drop in international tourist arrivals that eroded Thailand's fundamentals.
A weak baht makes dollar-priced feed ingredients more expensive for Thai buyers, and the tourism-driven pressure could persist.
asia.nikkei.comMASAYUKI YUDA, Nikkei staff writerApr 1, 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.
