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Thai Finance Minister Uttama Savanayana said the central bank and Finance Ministry jointly announced measures on Wednesday to curb the baht's rapid appreciation. He said these are a first step and more action will follow.
A stronger baht erodes Thai export competitiveness and tourism income, which can weigh on demand for imported feed inputs and shift trade flows; the immediate commodity price effect is limited.
nationthailand.comNov 7, 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.
