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The Bank of Thailand is concerned about the baht, which reached its strongest level against the dollar in six years after rising nearly 9% in 2019. The central bank has relaxed forex rules and cut rates to curb the currency's gains.
Policy steps to weaken the baht are a macro currency story; they have limited direct influence on feed grain or protein prices.
centralbanking.comAlice ShenJan 8, 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.
