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The Thai baht has risen more than 5% against the dollar so far this year and nearly 8% year-over-year, outperforming most emerging market currencies. Analysts say the strength is hurting exports as the domestic economy weakens, and the central bank could cut rates to curb it.
A stronger baht makes Thai exports less competitive, which can reduce Thai demand for feed inputs and weigh on regional feed-ingredient pricing in USD terms.
cnbc.comWeizhen TanJul 31, 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.
