Loading…
Thailand's Finance Ministry said the Fed's March 15 rate increase to 0.75-1% would not seriously affect local borrowing costs. Officials said ample liquidity would cushion the economy and that the government plans to borrow about Bt1 trillion over two years.
A stronger dollar from the Fed hike points to firmer USD-priced commodity costs for Thai buyers, but the article focuses on domestic fiscal matters with limited direct grain impact.
nationthailand.comMar 16, 2017After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
