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The US Dollar to Baht rate spiked to about 31.66 in early trading on March 25, 2019 as markets weighed uncertainty over Sunday's Thai election, where both Phalang Pracharat and Pheu Thai claimed victory. Official results are not expected until May 9.
Political uncertainty is expected to keep the baht weak, which lowers Thai export costs in dollar terms and can affect Thai rice and rubber pricing and competitiveness in export markets.
exchangerates.org.ukElaine HoustenMar 25, 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.
