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Kasikornbank says a possible further 25 basis point Bank of Thailand rate cut before year-end will not significantly slow the baht's appreciation. The bank projects the baht could fall below 30 per dollar by mid-next year.
Persistent baht strength raises the cost of Thai farm exports, which can affect Asian rice and feed-ingredient export pricing. The effect on global feed prices is modest.
bangkokpost.comDarana ChudasriOct 24, 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.
