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The Thai baht has risen to its strongest level against the dollar since the military junta took power in a 2014 coup. The rally threatens exporters and tourism-dependent growth ahead of a long-awaited election.
A stronger baht makes Thai exports less competitive, which can weigh on demand for regional feed-related trade and tighten the local currency-driven cost picture for importers.
asia.nikkei.comMASAYUKI YUDA, Nikkei staff writerFeb 23, 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.
