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The baht opened at 31.25 per US dollar on August 27, strengthening from the prior close of 31.36. SCB Securities said the currency was expected to trade between 31.10 and 31.30, citing global trade recovery and foreign bond buying.
A stronger baht lowers the local-currency cost of dollar-priced feed imports for Thailand, a modest supportive factor for feed buyers there.
nationthailand.comAug 27, 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.
