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Thai Deputy Prime Minister Somkid Jatusripitak urged the Bank of Thailand to keep the baht competitive, citing a surprising rise in first-quarter exports. The baht had lost 10 percent against the dollar in the first three months of 2020 before recovering about 2 percent.
Policy pressure for a weaker baht to support exports would raise the local currency cost of dollar-priced feed imports, though the effect on global feed prices is limited.
thaiexaminer.comJoseph O' ConnorApr 22, 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.
