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Commerzbank expects the Thai baht to outperform and trade in a 31.50-31.80 per dollar range, having gained 2.7 percent year-to-date against an average Asian currency gain of 0.4 percent. The forecast cites sound fundamentals and strong portfolio inflows of US$319 billion.
A forecast of a steady, firm baht points to stable dollar-denominated feed import costs for Thai buyers, with no meaningful move in global feed commodity prices.
econotimes.comFxWirePro TeamJan 21, 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.
