Loading…
Thailand's baht has surged, and the article attributes the move mainly to strong economic fundamentals. These include a current account surplus, ample foreign reserves and solid foreign investment inflows.
Bangkok authorities have grown worried about the currency's strength.
A persistently strong baht reduces Thai export competitiveness and lowers the local-currency cost of dollar-priced feed imports. Policy responses to the currency could shift trade flows.
channelnewsasia.comJanice LimNov 26, 2019Not 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.
