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Bank of Thailand governor Veerathai Santiprabhob said the central bank would maintain financial stability as the new US president's policies could cause short-term market fluctuations. He noted the dollar had firmed after Trump's election before a soft reversal in recent weeks.
He advised businesses with foreign exchange exposure to hedge currency risk.
Expected volatility in the baht and dollar raises hedging costs and pricing uncertainty for Thai feed importers, though the statement itself does not move commodity prices directly.
bangkokpost.comBangkok Post Public Company LimitedJan 21, 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.
