Loading…
The baht opened at 31.61 per US dollar, strengthening from 31.73 at Tuesday's close. Strategists expected it to trade between 31.50 and 31.70, with the move tied to a weaker dollar and investor flows into Thai stocks and bonds.
Gold rose to $1,898 an ounce and WTI crude fell 3.5%.
A stronger baht makes Thai imports cheaper and weighs on the cost of dollar-priced feed inputs bought by Thai buyers, though the effect on global feed prices is small.
nationthailand.comSep 30, 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.
