fgmr Posted July 30, 2020 Share Posted July 30, 2020 I have a few hundred dollars which I gave to local Thai friends who tried to exchange them for Baht yesterday. ALL banks in Surin were visited and all refused to exchange the currency. They had to drive to Buriram Airport before the dollar was accepted. Is anyone having the same problem elsewhere in Thailand? 1 1 Link to comment Share on other sites More sharing options...
jimmybcool Posted July 30, 2020 Share Posted July 30, 2020 Kind of a misleading thread title. The rate hasn't fallen. Weird why there was an issue exchanging it. Perhaps the people thought there was cover on it. Link to comment Share on other sites More sharing options...
Dart12 Posted July 30, 2020 Share Posted July 30, 2020 they traded usd from my bank account for baht. So THAT is not the problem. no idea about taking usd cash Link to comment Share on other sites More sharing options...
MJKT2014 Posted July 30, 2020 Share Posted July 30, 2020 17 minutes ago, fgmr said: I have a few hundred dollars which I gave to local Thai friends .. in Surin . Is anyone having the same problem elsewhere in Thailand? What? Giving away hundreds of dollars to Thai friends in Surin? Nah. 2 Link to comment Share on other sites More sharing options...
2 is 1 Posted July 30, 2020 Share Posted July 30, 2020 (edited) Economist in US has warn that Dollar going down. Us debt is now 80% from GDP and Dollar is fall last month against €. Edited July 30, 2020 by 2 is 1 Link to comment Share on other sites More sharing options...
OneMoreFarang Posted July 30, 2020 Share Posted July 30, 2020 It's like paper. They print a lot of that over there all the time. Link to comment Share on other sites More sharing options...
lopburi3 Posted July 30, 2020 Share Posted July 30, 2020 Suspect it is a covid issue - nobody wants to handle foreign currency anymore - reports from those returning quarantine hotels and ordering room service have been cash bills only on table outside room, sprayed with disinfectant and then allowed to dry and then sprayed again and then taken in surgical gloves. Foreign currency is obviously foreign so must be suspect. 1 Link to comment Share on other sites More sharing options...
2 is 1 Posted July 30, 2020 Share Posted July 30, 2020 5 minutes ago, OneMoreFarang said: It's like paper. They print a lot of that over there all the time. Yeah that's problem! Goldman Sachs estimate that inflation is going to rise that coverments get more benefit to pay they debt's. Also estimate that Gold/ounce is going to cost 2300 Dollar. So happy for people who have invest gold when was cheap. Link to comment Share on other sites More sharing options...
Laza 45 Posted July 30, 2020 Share Posted July 30, 2020 (edited) 19 minutes ago, 2 is 1 said: Economist in US has warn that Dollar going down. Us debt is now 80% from GDP and Dollar is fall last month against €. The $Au is higher against the $US than it has been for over a year.. and still going up by the looks of it.. .7179 this morning.. Edited July 30, 2020 by Laza 45 Link to comment Share on other sites More sharing options...
fgmr Posted July 30, 2020 Author Share Posted July 30, 2020 5 minutes ago, lopburi3 said: Suspect it is a covid issue - nobody wants to handle foreign currency anymore - reports from those returning quarantine hotels and ordering room service have been cash bills only on table outside room, sprayed with disinfectant and then allowed to dry and then sprayed again and then taken in surgical gloves. Foreign currency is obviously foreign so must be suspect. It would seem that decontamination processes are not available. So how dirty is the Baht, lol? Perhaps Rooster would enlighten us neanderthals in his next column! 1 Link to comment Share on other sites More sharing options...
jollyhangmon Posted July 30, 2020 Share Posted July 30, 2020 ... yeah man, annoyingly paranoid, already started mid April in some places ... here's the respective announcement of Bangkok Bank for example: https://www.bangkokbank.com/en/Personal/Other-Services/Currency-Exchange Link to comment Share on other sites More sharing options...
fgmr Posted July 30, 2020 Author Share Posted July 30, 2020 1 hour ago, jollyhangmon said: ... yeah man, annoyingly paranoid, already started mid April in some places ... here's the respective announcement of Bangkok Bank for example: https://www.bangkokbank.com/en/Personal/Other-Services/Currency-Exchange And give the Bank 220B every withdrawal. It was free back in 2005. 2 Link to comment Share on other sites More sharing options...
fgmr Posted July 30, 2020 Author Share Posted July 30, 2020 2 hours ago, MJKT2014 said: What? Giving away hundreds of dollars to Thai friends in Surin? Nah. Typical ThaiVisa farang cynical response and avoiding the real issue. Several Bank Branches in Prasat, Surin, Buriram were visited only to be refused the transaction. Would a return to the Gold Standard help all hoarders? 1 Link to comment Share on other sites More sharing options...
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