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The baht fell below 30 per dollar on December 17, 2020, for the first time that year, after rising more than 6% since July. The article notes the Bank of Thailand's struggle to keep the currency competitive and the US Treasury's listing of Thailand as a possible manipulator.
A persistently strong baht squeezes Thai exporters already hurt by weak demand, which can slow Thai feed-related trade and imports.
asiatimes.comPeter JanssenDec 18, 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.
