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Thailand's business committee warned that the baht's rise to 32.55 per dollar, a 31-month high, could hurt exporters. The appreciation reflects US tax reform uncertainty and short-term capital inflows.
Thai exports rose 9.7% year-on-year over the first ten months of 2017.
A stronger baht erodes Thai export competitiveness, which can curb agricultural and rice export volumes and affect feed-relevant trade flows.
nationthailand.comDec 6, 2017Not 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.
