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Thailand's central bank eased rules on exchange rates starting January 31, letting investors with 50 million to 100 million baht invest up to $1 million abroad directly. The move responds to concern over the baht's rapid appreciation against the dollar.
The bank says the change is part of efforts to ease doing business and help investors diversify.
Expected baht weakness from higher outflows would raise the local cost of dollar-priced feed imports. The change is a currency policy measure with minimal direct impact on commodity prices.
nationthailand.comFeb 1, 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.
