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Emerging Asian currencies have turned from the region's best performers to its worst as the coronavirus pandemic hits travel and trade. Airlines have cut schedules to almost nothing, and Thailand's tourism council forecast a sharp contraction this year.
Weaker Asian currencies raise the local-currency cost of dollar-priced feed imports, which can dampen demand. The broader demand hit from the pandemic also weighs on feed and meat consumption.
businesstimes.com.sgApr 1, 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.
