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The baht has weakened 1.7% in November, the least among 11 Asian currencies tracked by Bloomberg, as a trade surplus offsets record bond outflows. Foreign funds sold a net $1.4 billion of Thai bonds this month.
Analysts expect the currency to remain fairly stable.
Stable baht limits import cost pressure for Thai feed buyers, though the bond sell-off points to broader emerging-market stress.
gulf-times.comBloomberg/BangkokNov 20, 2016Not 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.
