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The Bank of Thailand held its policy rate at 1.5% on 14 November by a 4-3 vote, with three members favouring a hike. Economists polled by Reuters mostly expected the hold, and many now expect a rate increase at the December meeting.
The rate has been unchanged since April 2015.
Expectations of Thai tightening could firm the baht and raise funding costs for Thai feed mills and livestock producers. The effect on global grain prices is small.
bangkokpost.comReutersNov 14, 2018Not 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.
