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Bank of Thailand Governor Veerathai Santiprabhob said the baht has strengthened steadily on capital inflows tied to doubts about US President Trump's policies and a Qatar-related shift of about 200 billion baht in mutual fund money back to Thailand. Current account strength and improving growth were also cited.
Capital-driven baht strength reduces Thai export competitiveness and dollar-denominated returns, a minor signal for regional feed and agricultural trade pricing.
thairesidents.comThaiResidents TeamJun 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.
