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What's with the Baht? ???

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On 1/4/2019 at 8:12 PM, AtoZ said:

 

 

It's the same as high growth startups are valued much higher than established corporations.

 

2013-2017 the Thai GDP went up by 8%

 

2013-2017 the Vietnamese GDP went up by 31%

 

The difference will be only greater when 2018 data is finalized.

 

 

OK fine if that's the case then why is the dong weak and baht strong. 

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  • simoh1490
    simoh1490

    Conspiracy theorists will tell you it's the Bangkok elite who are keeping THB strong for their own purposes. Sane people on the otherhand will point to extreme Dollar weakness and a Thai economy that

  • A banana republic, crop prices at all time low, big companies fleeing and the people up to their eyes in debt ........ strong. Not in any reality I live in.

  • Henryford
    Henryford

    It's not that the baht is strong it's that the other "funny money" currencies are weak. If the Western countries print trillions of monopoly money and run massive annual deficits it's not surprising t

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On January 6, 2019 at 2:59 AM, Banana7 said:

There should be some relief on exchange rates after high season, starting March. In April there will be a spike around Songkran. May to July should see better exchange rates. Better means more baht for USD.

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