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The Bank of Thailand allowed greater flexibility in foreign exchange trading to reduce the baht's strength, announced January 5, 2021. The measures let non-financial companies trade baht without proof of underlying transactions and lift the 200 million baht end-of-day limit.
The policy is aimed at currency management and has no direct effect on feed ingredient supply or demand; any price effect is minor.
centralbanking.comAlice ShenJan 8, 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.
