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The baht opened at 30 per US dollar on Thursday, February 4, 2021, unchanged from the prior close. Analysts expected it to weaken to at most 30.10 as reflation trades reduced and foreign fund outflows could follow, with US jobs data and crude near $58.70 supporting sentiment.
Possible baht weakening would slightly raise the local cost of dollar-denominated feed imports, but the expected move is small.
nationthailand.comFeb 4, 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.
