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The Nation reports the baht appreciated sharply to Bt33.90 per dollar as Thai investors held back from Qatar amid Gulf diplomatic tensions and foreign investors bought Thai bonds. Central bank governor Veerathai Santiprabhob said roughly Bt200 billion of Thai assets in Qatar had been withdrawn and advised exporters to hedge.
Currency strength makes Thai exports less competitive, a modest factor for Asian feed and agricultural trade pricing; the Qatar-related capital shift is a geopolitical flow driver rather than a direct commodity shock.
nationthailand.comJun 14, 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.
