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The Bank of Thailand said it is closely monitoring markets as the baht has gained about 7 percent so far this year. It urged private firms to hedge exchange-rate risk, and the baht opened near 33.45 per dollar on July 25.
Rapid currency moves prompt central bank scrutiny and hedging activity, which can add volatility to Thai import costs for feed ingredients. The direct price effect on feed commodities is limited.
thairesidents.comThaiResidents TeamJul 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.
