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The baht opened unchanged at 29.98 per US dollar on Monday, February 22, 2021. Analysts expected a narrow trading range while markets awaited Fed Chair Jerome Powell's congressional testimony on the $1.9 trillion stimulus package, inflation and quantitative easing.
A stable baht with a weak dollar outlook keeps Thai exporter and importer costs steady for feed ingredients priced in dollars, with little direct price effect on grain or meal.
nationthailand.comFeb 22, 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.
