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The baht fell in July after the Bank of Thailand moved to curb short-term inflows, and is the worst-performing emerging-market currency in Asia after the won. Moody's and Fitch raised Thailand's credit outlook to positive, and forecasters expect the baht to recover toward 31 by year-end.
Expected baht recovery toward 31 per dollar implies modest pressure on Thai export competitiveness and regional feed-ingredient purchasing power.
freemalaysiatoday.comBloombergJul 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.
