Julian2 Posted October 8, 2008 Report Share Posted October 8, 2008 AUD trashed against the baht as well, I took a 20% pay cut in about three days. AUSTRALIAN DOLLAR 22.87625B Link to comment Share on other sites More sharing options...
Torneyboy Posted October 9, 2008 Report Share Posted October 9, 2008 Five year low ...and we go to BKK next week Link to comment Share on other sites More sharing options...
cavanami Posted October 9, 2008 Report Share Posted October 9, 2008 I now have my cash in hand: Link to comment Share on other sites More sharing options...
Weird Posted October 11, 2008 Report Share Posted October 11, 2008 According to Bangkokbank.com it's now back down to 33.98 per USD. Link to comment Share on other sites More sharing options...
Sporty Posted October 16, 2008 Report Share Posted October 16, 2008 According to Bangkokbank.com it's now back down to 33.98 per USD. Doesn't make any sense to me, why the dollar near a yearly high, is not higher to the baht. Bank of Thailand, has it fixed, is the only reason, possible. It should be closer to 40 to 1. Thailand, is a commodity country, soon the Rice Crop, will be comming in, and they will be the highest price in the world. Link to comment Share on other sites More sharing options...
rob73 Posted October 22, 2008 Report Share Posted October 22, 2008 How can a country like Thailand fix the bath?? Maybe someone can explain. Thai politics are messed up, tourist numbers decrease heavy but the bath stays strong, weird!! Euro dropping like a stone till 43 bath, pound the same at 54 bath today. But the dollar is still about 34 bath. Hope its not going to happen but still believe the greenback is gonna crash any time soon, what do you guys think?? Link to comment Share on other sites More sharing options...
drogon Posted October 22, 2008 Report Share Posted October 22, 2008 Dollar and yen are still refuge currencies these days. Will the USD crash? Don't know and wish it does not happen but is the USD value currently in line with the economic situation in the US, definitely not. This said, the problem here is the bht and I damn don't know what the Thais are doing I thought (could be wrong) that Thai economy depended on exportation and tourism In my simple mind, I think that if Thai products are damn expensive for euros-pound etc... then they will suffer add to this a strong USA -> knowing that many raw products in the world are still traded in $ Don't know where Thailand is heading to but I don't care. Link to comment Share on other sites More sharing options...
Lusty Posted October 22, 2008 Report Share Posted October 22, 2008 I dunno the British pound has moved from 66 to 62.5 in the last 2 weeks??? Now its 56! Link to comment Share on other sites More sharing options...
cavanami Posted October 23, 2008 Report Share Posted October 23, 2008 USD to JPY 97.53 ¥ Now, when do I swap my Yen for USD, Euro or Thai Baht...this is a gamble! or stay with the Yen Link to comment Share on other sites More sharing options...
Sporty Posted October 23, 2008 Report Share Posted October 23, 2008 How can a country like Thailand fix the bath?? Maybe someone can explain. Thai politics are messed up, tourist numbers decrease heavy but the bath stays strong, weird!! Euro dropping like a stone till 43 bath, pound the same at 54 bath today. But the dollar is still about 34 bath. Hope its not going to happen but still believe the greenback is gonna crash any time soon, what do you guys think?? Your right,70% of Thailand GDP, comes from exports, mostly in USD. They are going to have troubles big time, being to expensive, with their products. They picked the wrong time to fix the baht. This is Politically motivated, I have little doubt. The dollar will likely continue to rise, till year end, possibly longer. The dollar got what I call mojo working for it. http://quotes.ino.com/chart/?s=NYBOT_DX&v=dmax&w=1&t=l&a=100 If I had significant money in baht in Thailand, I'd move it to a USD account. It's a matter of days or a few weeks, before they have to adjusts the baht. Likely, you would gain 5 to 10% or more. Link to comment Share on other sites More sharing options...
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