cavanami Posted April 30, 2015 Report Share Posted April 30, 2015 ...so this is why we see the Baht weaken Thailand Unexpectedly Cuts Rate After Growth Forecast Cut http://www.bloomberg.com/news/articles/2015-04-29/thai-central-bank-unexpectedly-cuts-rate-as-growth-outlook-dims Thailand’s central bank unexpectedly cut its benchmark interest rate for a second straight meeting, roiling markets already digesting a reduction in the 2015 economic growth forecast. The Bank of Thailand lowered its one-day bond repurchase rate by a quarter of a percentage point to 1.5 percent on Wednesday, a move predicted by only two of 20 economists in a Bloomberg survey. The baht slid as much as 0.6 percent, and the benchmark SET index fell as much as 1.2 percent, heading to its lowest close since March 31... Link to comment Share on other sites More sharing options...
Flashermac Posted April 30, 2015 Report Share Posted April 30, 2015 Today's rate ... Link to comment Share on other sites More sharing options...
My Penis is hungry Posted April 30, 2015 Report Share Posted April 30, 2015 Die, Die, fucking die can't you! Link to comment Share on other sites More sharing options...
radioman Posted April 30, 2015 Report Share Posted April 30, 2015 That last post surely needs a who what why bit adding Link to comment Share on other sites More sharing options...
My Penis is hungry Posted April 30, 2015 Report Share Posted April 30, 2015 Thai Baht I'd love oit to go to 40/50 baht to the dollar! 1 Link to comment Share on other sites More sharing options...
radioman Posted April 30, 2015 Report Share Posted April 30, 2015 Ah yes, well I thought that's probably what you meant. Yes it would be nice Link to comment Share on other sites More sharing options...
cavanami Posted May 4, 2015 Author Report Share Posted May 4, 2015 I'm not holding my breath for the Baht to go back to the 40 ~ 50s...fun to think about though Link to comment Share on other sites More sharing options...
Plainsdrifter Posted May 5, 2015 Report Share Posted May 5, 2015 The lower the interest rate equals less investment into the country leading to a weaker baht. Link to comment Share on other sites More sharing options...
Flashermac Posted May 5, 2015 Report Share Posted May 5, 2015 A bit better today ... 1.00 USD = 33.4083 THB Link to comment Share on other sites More sharing options...
jitagawn Posted May 5, 2015 Report Share Posted May 5, 2015 Yes I believe the Baht will continue to weaken perhaps to 35... Link to comment Share on other sites More sharing options...
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