The Theory Posted June 12, 2020 Share Posted June 12, 2020 It is $1=31 now. Even better rate by TransferWise. I just transferred some in case. Link to comment Share on other sites More sharing options...
Skeptic7 Posted June 12, 2020 Share Posted June 12, 2020 Only since the baht was "floated" in 1997. Link to comment Share on other sites More sharing options...
Skeptic7 Posted June 12, 2020 Share Posted June 12, 2020 On 6/11/2020 at 4:34 AM, KhunBENQ said: Last time it fell to 29 and below was April 2013. Technically, it fell into the 29s late last year, but only 2 days. 29.96 on 30th and 29.75 on 31st of December last year...2019. 1 Link to comment Share on other sites More sharing options...
Pib Posted June 12, 2020 Share Posted June 12, 2020 7 hours ago, Brunolem said: Exactly! There is less and less manufacturing in the US, and very little of it is exported. To be fair, Trump is not the only one cheering for a lower dollar. Major central banks are all doing their best to depreciate their currencies against the others, in a race to the bottom. Trump believes that with all its oil (a pipe dream) and agricultural production, the US could basically live in autarky. His only problem is that "they" won't let him repatriate all the legions stationed abroad, and an empire cannot live in autarky. Trump has been flip-flopping on whether the dollar should be stronger or weaker....and standby for continuing flip-flops. https://www.scmp.com/comment/opinion/article/3084907/why-trumps-about-turn-us-dollar-right-money Quote Why Donald Trump’s about-turn on the US dollar is right on the money After months of bemoaning the strength of the greenback, the US president has good reason for now declaring his support for a strong dollar – he’s trying to shore up confidence in US paper as the Treasury goes on a borrowing spree Link to comment Share on other sites More sharing options...
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