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The Thai baht fell to its weakest level in eight months on June 29, breaching 33.20 per dollar. Analysts said the slide mirrors other Asian currencies amid trade war worries between the US and its trading partners.
Currency weakness in Thailand, a major feed and poultry market, raises dollar-denominated import costs for feed ingredients and reflects regional risk aversion tied to trade tensions.
thairesidents.comThaiResidents TeamJun 29, 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.
