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Thai Baht strengthens to below THB 30 to the U.S. Dollar

31 / 12 / 2019

Thai Baht strengthens to below THB 30 to the U.S. Dollar

The Thai Baht has strengthened to THB 29.73 against the U.S. Dollar today (31 December), the highest level since May 2013. The Baht has benefitted from both weak U.S. economic data leading investors...

Pakistan update

30 / 12 / 2019

Pakistan update

The USDA has forecast Pakistani milled rice production in 2019/20 marketing year (November – October) at 7.5 million MTS, up by 2.74% year-on-year, boosted by adequate monsoon rains. Both harvested...

Brazilian Real depreciates sharply; other regional currencies expected to weaken

08 / 11 / 2019

Brazilian Real depreciates sharply; other regional currencies expected to weaken

According to reports, the Brazilian Real depreciated by 2.76% against the U.S. Dollar between 4 - 8 November following an auction of new oil drilling rights on Wednesday (6 November). The auction...

Angola prices, economy and currency update

29 / 10 / 2019

Angola prices, economy and currency update

According to reports, rice prices in Angola are rising. The wholesale price of a 25kg bag of rice has increased from AOA 6,000 (US $489 PMT) to AOA 10,200 (US $832 PMT) during the past week, while...