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cavanami

Thai Baht Overvalued

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Years ago an economist said the baht should naturally be around 35 to the dollar. Anything less than was artificially induced.

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Check the link and it shows the Baht as the most overvalued currency in the world! Word is, it will go to 36.

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Will be spending a few days in Bangkok in August and indeed having the exchange rate around 36-37 Bht for one euro was rather surprising.

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