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An analysis examines why the Thai baht has repeatedly defied forecasts, noting that it ended the second quarter about 2.3 baht per dollar stronger than predicted. The article looks at invisible factors behind the forecasting misses.
Persistent currency forecasting errors complicate import cost planning for Thai feed buyers, since baht moves directly change the local cost of dollar-priced feed ingredients.
nationthailand.comAug 21, 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.
