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The Bank of Thailand cut its key policy rate again as exports weakened under the US-China trade war. A strong baht has compounded pressure on South-east Asia's second-largest economy, where tourism is also slowing.
Inflation is below target and household debt is high.
Rate cuts aimed at weakening the baht are a macro response to export pressure; a softer export sector can reduce regional demand for feed and protein imports.
straitstimes.comNov 6, 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.
