Popular Post webfact Posted January 30, 2020 Popular Post Share Posted January 30, 2020 Baht hits lowest level in seven months amid virus worries By The Nation The baht depreciated to its lowest level in seven months on Thursday morning (January 30), touching Bt31.17 to the US dollar, down from Wednesday’s close of Bt31, Kangana Chockpisansin, senior analyst at Kasikorn Research Centre, said. nvestors are worried about the impact of China’s virus outbreak, leading to sales of the baht. The research house said that other currencies in the Asian region also had weakened along with the baht. Sales of Thai shares by foreign investors are also attributed to the weakening of the baht, Kasikorn Research said, predicting the baht would move in a range of Bt31 to 31.20 against the greenback. The impact of the coronavirus outbreak is seen as cutting into Thailand's current account surplus which in recent years had resulted in a relatively large surplus and pushed up the baht. This had caused concern among exporters who blamed the stronger baht for the slump in exports. Source: https://www.nationthailand.com/business/30381297 -- © Copyright The Nation Thailand 2020-01-30 Follow Thaivisa on LINE for breaking Thailand news and visa info 5 1 Link to comment Share on other sites More sharing options...
Popular Post petermik Posted January 30, 2020 Popular Post Share Posted January 30, 2020 And long may it continue.......dive dive dive.... 23 5 4 Link to comment Share on other sites More sharing options...
Popular Post pegman Posted January 30, 2020 Popular Post Share Posted January 30, 2020 Keep it dropping! 14 2 Link to comment Share on other sites More sharing options...
Popular Post yokat Posted January 30, 2020 Popular Post Share Posted January 30, 2020 I'll celebrate when the thb/eur goes over 37 again, this is where it was when I first moved in. I also have a few large expenses coming soon so I'll gladly save a few % on my money transfers 4 2 Link to comment Share on other sites More sharing options...
Popular Post RotMahKid Posted January 30, 2020 Popular Post Share Posted January 30, 2020 11 minutes ago, yokat said: I'll celebrate when the thb/eur goes over 37 again When I came here, I was more lucky and the thb/eur was over 50 for a while, that time will never come again. However never say never again ^^ 4 1 Link to comment Share on other sites More sharing options...
Popular Post Tatman95 Posted January 30, 2020 Popular Post Share Posted January 30, 2020 Bloody good news ,they might get the English going back there again 3 Link to comment Share on other sites More sharing options...
Popular Post madmen Posted January 30, 2020 Popular Post Share Posted January 30, 2020 (edited) It's just a blip. Gonna take a lot more than the flu to send it spiraling Edited January 30, 2020 by madmen 2 1 Link to comment Share on other sites More sharing options...
Popular Post Tayaout Posted January 30, 2020 Popular Post Share Posted January 30, 2020 2 minutes ago, madmen said: It's just a blip. Gonna take a lot more than the flu to send it spiraling Like a Chinese depression? 5 1 Link to comment Share on other sites More sharing options...
ravip Posted January 30, 2020 Share Posted January 30, 2020 WOW! What the lovely 'guests' wishes for Thailand!!! Anyone surprised about the new immigration laws? I dunno about the Baht diving, but the immigration laws will sure rise... Who's to blame? 1 1 1 Link to comment Share on other sites More sharing options...
Popular Post BRUFC Posted January 30, 2020 Popular Post Share Posted January 30, 2020 5 minutes ago, ravip said: WOW! What the lovely 'guests' wishes for Thailand!!! Anyone surprised about the new immigration laws? I dunno about the Baht diving, but the immigration laws will sure rise... Who's to blame? Maybe the baht will dive and TAT will be courting the farang...'come back, all is forgiven', 'it was all a misunderstanding'. 1 1 9 Link to comment Share on other sites More sharing options...
madmen Posted January 30, 2020 Share Posted January 30, 2020 (edited) 15 minutes ago, Tayaout said: Like a Chinese depression? Why do you say that? What economic data are you using Edited January 30, 2020 by madmen Link to comment Share on other sites More sharing options...
crabbie2020 Posted January 30, 2020 Share Posted January 30, 2020 (edited) GOOD! Edited January 30, 2020 by metisdead Oversize bold font reset to normal. Link to comment Share on other sites More sharing options...
Popular Post sammieuk1 Posted January 30, 2020 Popular Post Share Posted January 30, 2020 Be nice if they could spend this large surplus on things like the poor hospitals and education instead of tanks and Hublot's???? 5 2 Link to comment Share on other sites More sharing options...
Popular Post ratcatcher Posted January 30, 2020 Popular Post Share Posted January 30, 2020 Bad news, coronavirus epidemic continues to spread. Good news, Thai baht dropping in value. Sometimes out of disaster comes relief. 5 1 Link to comment Share on other sites More sharing options...
wasabi Posted January 30, 2020 Share Posted January 30, 2020 41 minutes ago, Tatman95 said: Bloody good news ,they might get the English going back there again I could see it happening. Full page ads in US and European magazines encouraging us to enjoy the pearls of the Orient in Asia. Until we get a pandemic of our own. 1 Link to comment Share on other sites More sharing options...
trainman34014 Posted January 30, 2020 Share Posted January 30, 2020 Virus 10 Baht 0 ! Link to comment Share on other sites More sharing options...
ratcatcher Posted January 30, 2020 Share Posted January 30, 2020 16 minutes ago, sammieuk1 said: Be nice if they could spend this large surplus on things like the poor hospitals and education instead of tanks and Hublot's???? There's lotsa Hubs in Thailand. 1 Link to comment Share on other sites More sharing options...
HOAX Posted January 30, 2020 Share Posted January 30, 2020 Wuuhuu! THB went down 0.01 in value compared to the NOK since yesterday lol ???? Link to comment Share on other sites More sharing options...
Tayaout Posted January 30, 2020 Share Posted January 30, 2020 32 minutes ago, madmen said: Why do you say that? What economic data are you using China has put industrial city on lockdown. Multinational are closing stores and offices. It will slow down China economy while they resolve their issues and it will take several months to over a year. This will be felt worldwide. https://www.bloomberg.com/news/articles/2020-01-29/virus-blow-to-china-s-economy-to-be-worse-than-sars-nomura-says https://www.forbes.com/sites/mikeboyd/2020/01/27/sudden-free-fall-chinaus-air-traffic/#701e9d0b208c 1 Link to comment Share on other sites More sharing options...
sucit Posted January 30, 2020 Share Posted January 30, 2020 4 hours ago, petermik said: And long may it continue.......dive dive dive.... Does this mean we want a full blown outbreak here? ???? Link to comment Share on other sites More sharing options...
alex8912 Posted January 30, 2020 Share Posted January 30, 2020 I did better than that I got 31.19 to the dollar at exchange this afternoon. 1 Link to comment Share on other sites More sharing options...
Popular Post Fred white Posted January 30, 2020 Popular Post Share Posted January 30, 2020 1 hour ago, sammieuk1 said: Be nice if they could spend this large surplus on things like the poor hospitals and education instead of tanks and Hublot's???? With the military running the country it will never happen 3 Link to comment Share on other sites More sharing options...
ravip Posted January 30, 2020 Share Posted January 30, 2020 36 minutes ago, BRUFC said: Maybe the baht will dive and TAT will be courting the farang...'come back, all is forgiven', 'it was all a misunderstanding'. Keep your fingers crossed. The 'farang' myth is fading fast, not only in Thailand,but around the world. It's not necessary for an explanation, posts herein on TVF is enough - it is just that one needs to read it with an open mind. 1 Link to comment Share on other sites More sharing options...
CNXexpat Posted January 30, 2020 Share Posted January 30, 2020 When the virus problem is solved the Baht will rise again. 1 Link to comment Share on other sites More sharing options...
Popular Post teatime101 Posted January 30, 2020 Popular Post Share Posted January 30, 2020 (edited) I don't know about other countries, but Australia had around 450 deaths from the flu last year. Fewer than 200 deaths in a country of well over one billion would suggest it's not time to panic yet. Edited January 30, 2020 by teatime101 6 Link to comment Share on other sites More sharing options...
Timwin Posted January 30, 2020 Share Posted January 30, 2020 Not gonna lie, I like it! Link to comment Share on other sites More sharing options...
TallGuyJohninBKK Posted January 30, 2020 Share Posted January 30, 2020 Go Thailand Go!!! Link to comment Share on other sites More sharing options...
uli65 Posted January 30, 2020 Share Posted January 30, 2020 yes go down Thailand!!! 1 Link to comment Share on other sites More sharing options...
Matzzon Posted January 30, 2020 Share Posted January 30, 2020 6 hours ago, yokat said: I'll celebrate when the thb/eur goes over 37 again, this is where it was when I first moved in. I also have a few large expenses coming soon so I'll gladly save a few % on my money transfers Your a lucky guy. I was here when the euro was 50. ☹️ Link to comment Share on other sites More sharing options...
Yadon Toploy Posted January 30, 2020 Share Posted January 30, 2020 3 hours ago, ravip said: Keep your fingers crossed. The 'farang' myth is fading fast, not only in Thailand,but around the world. It's not necessary for an explanation, posts herein on TVF is enough - it is just that one needs to read it with an open mind. Away with your racist nonsense pal. 5 Link to comment Share on other sites More sharing options...
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