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The Bank of Thailand threatened to investigate financial institutions for baht speculation after the currency rose over 2% so far this year, the region's second-best performance. The central bank governor said the rise also reflects the global dollar trend.
Fears that a rapidly appreciating baht could curb export recovery feed into currency and trade sentiment across Southeast Asia, which matters for regional feed demand and dollar-priced commodity buying.
asiatimes.comAsia Times staffJan 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.
