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The baht opened at 33.71 per dollar, firmer than the previous evening's close of 33.75. Bankers said the move followed a sharp drop in world oil prices on reports of US-Iran negotiations.
Traders were waiting for the US midterm election results.
A firmer baht lowers the local-currency cost of dollar-priced feed imports into Thailand, such as soybean meal and corn. Oil-driven moves in the baht also shift energy and freight costs for Thai feed buyers.
infoquest.co.thPaphatsorn OngpichetmethaNov 3, 2026Not 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.
