Ozzy dollar.

[johnmcc6]

Any ideas when it will bottom out? I hate the idea of making my own plonk.

[Dante99]

Compared to what?  USD? Euro? Pound? NZD? Gold?....

[HLover]

2 minutes ago, Dante99 said:

Compared to what?  USD? Euro? Pound? NZD? Gold?....

Crypto currency ?

[johnmcc6]

2 minutes ago, HLover said:

Crypto currency ?

sorry. The baht

[johnmcc6]

41 minutes ago, johnmcc6 said:

.

I mean in relation to the Thai baht.

[Trujillo]

Is this in reference to the Aussie dollar or the Ozzy Osbourne dollar? 

 

Sorry, I couldn't resist.... >..<

[Sparkles]

Its 24.3 baht to the Oz dollar this morning,been worse but can't remember it falling below 23 and of course the Oz dollar was at parity with the US dollar a couple of years back and as high as 32 baht to the Thai baht. 17 years back when I arrived in Bangkok to work it was 26 baht to the $A

 

Financial gurus like to speculate in the media maybe they are currency traders as they rarely get it right.

 

The Thai baht follows the US dollar and with the current administration in the US anything could happen.

 

There is simply nothing us mere mortals can do, just adjust spending accordingly

 

[scorecard]

And hope the Aussies get good contracts, more good contracts to sell iron ore and other sort after natural resources commodities etc. 

 

 

[Justfine]

On 04/03/2018 at 11:08 PM, johnmcc6 said:

I mean in relation to the Thai baht.

Look at the 30 year history. Gives you an idea.

 

Not sure why you expect strangers on a forum to guarantee a currency for you. If they were experts they would be trading millionaires.

[Justfine]

"The Thai baht follows the US dollar and with the current administration in the US anything could happen."

 

US economy is growing.

[johnmcc6]

3 hours ago, Justfine said:

Look at the 30 year history. Gives you an idea.

 

Not sure why you expect strangers on a forum to guarantee a currency for you. If they were experts they would be trading millionaires.

What a silly reply. Who asked for anything other than an opinion? Guarantee????

[Justfine]

1 hour ago, johnmcc6 said:

What a silly reply. Who asked for anything other than an opinion? Guarantee????

Oh the irony

[Lizard2010]

Its not our $

Its the This Government and their Baht

Until they change the value  of the Baht we are stuck with low 24 baht to the A$

IMHO

[Sparkles]

2 hours ago, Lizard2010 said:

Its not our $

Its the This Government and their Baht

Until they change the value  of the Baht we are stuck with low 24 baht to the A$

IMHO

Loss of face ? or according to Bangkok media export figures are up ?

 

Dont discount the massive increase in taxes related to alcohol & cigarettes,nice earner for the current regime.     Money also flooding into the country for real estate from China , Singapore etc.In our village most of the new houses being built right now are funded from these 2 countries

[evenstevens]

2 hours ago, Sparkles said:

    Money also flooding into the country for real estate from China , Singapore etc.In our village most of the new houses being built right now are funded from these 2 countries

Very sadly your property will deappreciate accordingly

[Justfine]

1 hour ago, evenstevens said:

Very sadly your property will deappreciate accordingly

Not Thai doesn't own it.