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The baht opened at 31.39 per dollar on April 23, weaker than the prior close of 31.35. Krungthai Bank expects it to trade between 31.30 and 31.45 amid Covid-19 pressures and dollar purchases by companies paying dividends.
The baht is expected to stay in a narrow range, so import costs for dollar-priced feed inputs are unlikely to shift much in the short term.
nationthailand.comApr 23, 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.
