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The Bank of Thailand has asked commercial banks to lower hedging fees to help small exporters manage baht volatility. Governor Veerathai Santiprabhob said the baht had strengthened due to the weaker US dollar and that exporters should learn to cope with currency swings.
Hedging support for small exporters affects trade finance costs but has little direct bearing on feed commodity prices. The story is a policy response to currency volatility.
nationthailand.comJul 10, 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.
