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The baht opened at 31.20 per dollar on April 19, strengthening from 31.29 on Friday. Krungthai Bank expects a weekly range of 31.05 to 31.55, with Covid-19 developments in Thailand and dividend-related dollar purchases as the main risks to the currency.
Dividend-related dollar buying could push the baht weaker and raise dollar-priced feed import costs for Thai buyers.
nationthailand.comApr 19, 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.
