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The Bank of Thailand said on December 17, 2020, that it does not intend to use the exchange rate to gain unfair trade advantage. The US Treasury had placed Thailand on its monitoring list of ten potential currency manipulators in a report issued December 16.
Monitoring-list status raises the risk of future US trade pressure on Thailand, but without a designation it has little immediate effect on feed commodity demand or prices.
bangkokpost.comPathom SangwongwanichDec 17, 2020Not 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.
