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Kasikornbank predicts the baht will keep appreciating against the US dollar over the next few months, reaching 31.2 per dollar next month and 30.8 in April. The forecast cites a larger current account surplus from tourism, exports and bond inflows.
The bank expects the trend to reverse in May when listed companies pay dividends.
A stronger baht lowers the local-currency cost of dollar-priced feed imports into Thailand. Its effect on US-priced grain and meal is limited unless the dollar moves more broadly.
en.vietnamplus.vnVietnam+ (VietnamPlusFeb 21, 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.
