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The baht traded at 31.65 per dollar on February 25 after closing at 31.69 the prior day. Gold exports rose strongly in January, helping Thai exports return to 3.35 percent growth after six months of contraction, while investors sold Thai stocks on Covid-19 fears.
Stronger exports and gold flows support the baht, while equity outflows weigh on it, leaving feed-relevant price effects negligible. The story is mainly currency commentary.
aseannow.comgeorgegeorgia Wednesday atFeb 25, 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.
