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GBP hits mini spike against ThB


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I noticed yesterday that GBP had gone back up above 43 to 43.35. Doesn't make the blood race but I had the need to bring some funds over from the UK so brought half of what I needed for the next 6 months.

 

This morning the rate is 43.85 and Krungsri just told me my transfer arrived this am at 43.8 (works well between HSBC at 4 quid and Krungsri - remembering to specify "send GBP" of course). So I'll do the other half this morning.

 

Just saying. Up to you all, but I always tend to jump-in if the rate pops it's head above the trend and so far in about 5 years it has worked pretty much each time. We are still a number of years post-Brexit away from seeing the high forties IMO and maybe never, if you accept that the global force is with Asia (which I have been burnt on several times in the 80s to noughties, but still believe!).

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