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Deputy Prime Minister Somkid Jatusripitak said Thailand will not intervene in the baht's movement, responding to a Council on Foreign Relations report that accused Thailand of currency manipulation. He said the Bank of Thailand has only monitored capital flows.
Absence of intervention means the baht can keep appreciating with the dollar, which weighs on Thai exporters and dollar-denominated feed commodity purchasing power in the region.
nationthailand.comJan 18, 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.
