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The baht opened at 29.98 per dollar on January 20, 2021, strengthening from 30.03 the previous day. Markets were risk-on on hopes for Biden stimulus, and WTI rose 1.3% to about $53 per barrel.
Currency moves of this size have negligible impact on feed costs for Thai buyers, while modest crude gains add slight upward pressure on energy-linked costs.
nationthailand.comJan 20, 2021Not enough comparable past events yet for a historical read.
Not 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.
