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Isaan sailor

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  1. Isaan sailor
    Thai Baht valuation makes no sense. USD over 106 on Traidingview—matching the same level on April 16. Yet, April 16 USD / Baht on Wise over tb36. Today USD 34.51 on Wise. What has changed at Bank of Thailand?
  2. Isaan sailor
    Bank of Thailand should move closer to a floating peg of the USD, like Vietnam does. Baht starting to rise, and would hurt the economy even more.
  3. Isaan sailor
    Vietnam will eat Thailand’s lunch.
  4. Isaan sailor
    The pendulum has swung right. It’s about time.
  5. Isaan sailor
    Strange; from the 2020 election to this one, there few 15,000,000 million fewer ballots cast. And we were told the 2020 election was the most secure ever…
  6. Isaan sailor
    I just hope we have a fair election. No ballot harvesting, uncompromised vote counting machines, clean voter rolls and voting by American citizens only.
  7. Isaan sailor
    Kinda like the cameras watching Epstein’s cell…
  8. Isaan sailor
    Good explanation. Thanks for the link.
  9. Isaan sailor
    I would much prefer they tax tourists (and returning expats) a little, than the expats income.
  10. Isaan sailor
    So no direct correlation of Tradingview USD prices to Wise USD/Baht. That would make sense. There must be other factors at play. Thanks for responding.
  11. Isaan sailor
    Agree with your suggestions. It does seem, however that forex Tradingviews of USD don’t correlate with actual exchange rates of USD/Baht. Today we see a USD at 104.37 with a Wise price of 33.71. Yet on July 24, we saw USD at the same 104.37–and Wise showed 35.15 USD/Baht. Have the parameters changed? Or did foreign inflows buoy up the Baht this month? Not complaining here—just a bit confused
  12. Isaan sailor
    Baht valuation makes no sense. It doesn’t follow international trading trends—should be much lower than now. I think foreign currency inflows have a direct bearing on Baht valuation. Data from Bank of Thailand seems to confirm this.
  13. Isaan sailor
    If it sticks, could be the final nail in the coffin for Thailand. That, plus the crazy Baht valuation today—-DXY Tradingview shows USD at an 11-week high. The last time it hit 103.60 we had an exchange rate near 34. on the USD/Baht. Today, we have uSD at 33.14.
  14. Isaan sailor
    Yup—stocks up, Baht up. And visa versa.
  15. Isaan sailor
    Don’t forget, we also have fentanyl coming into the US, as a result

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