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The baht opened at 32.63 per US dollar on March 31, slightly stronger than Monday's close of 32.66. Gains in US and European equities supported Asian currencies, while WTI crude fell about 6%.
A firmer baht lowers Thai import costs for feed ingredients, while lower oil prices reduce energy input costs across the supply chain.
nationthailand.comMar 31, 2020Not enough comparable past events yet for a historical read.
Not 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.
