Loading…
The Thai baht reached 33.94 per dollar, its strongest level in nearly two years, after the Bank of Thailand chose not to intervene to slow the gain. The central bank had earlier limited short-dated bond sales and recently relaxed foreign exchange rules to allow more outflows.
The baht's strength is a macro currency move with negligible direct supply impact on feed grains or meals, though it marginally affects Thai import costs and regional buying power.
customstoday.mediaCT ReportOct 25, 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.
