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The Bank of Thailand introduced measures effective July 22 to limit non-resident baht accounts and curb speculative inflows that were pushing up the baht. The central bank said it stood ready to take further action against speculative behaviour in financial markets.
Capital controls to weaken the baht signal policy support for Thai exporters, with limited direct effect on feed ingredient prices.
thaiexaminer.comJoseph O' Connor, Son NguyenJul 14, 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.
