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The Bank of Thailand warned that the baht's upward trend this year may reverse and said it may consider additional measures to limit baht speculation. The warning was reported by the Financial Times.
A stronger baht raises Thai export costs and can weigh on Thai agricultural export competitiveness, while currency speculation adds volatility to Asian import pricing for feed ingredients.
asiatimes.comAsia UnhedgedAug 22, 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.
