Loading…
Bank of Thailand Governor Veerathai's job is reportedly at risk as the strong baht, up about 8% this year, hurts exporters and farmers. The Finance Ministry has urged a rate cut to weaken the currency, and Veerathai publicly rejected that criticism.
The baht has appreciated most among regional currencies.
Political pressure for looser policy could eventually weaken the baht, which would support Thai export competitiveness and feed-ingredient purchasing power; the near-term feed price impact is small.
nationthailand.comSep 17, 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.
