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Deputy Prime Minister Somkid Jatusripitak said the government is worried about farmers struggling with an appreciating baht. He asked the Bank of Thailand governor to prevent the currency from rising too rapidly.
Government pressure to slow baht gains signals possible intervention, which could limit currency-driven drops in the cost of imported feed inputs and affect farm-level margins.
nationthailand.comFeb 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.
