Caldera Posted June 24, 2021 Share Posted June 24, 2021 Finally, looking at the exchange rate has become fun again. ???? 1 Link to comment Share on other sites More sharing options...
Popular Post ExpatOilWorker Posted June 29, 2021 Popular Post Share Posted June 29, 2021 We just broke 32.0. This party will just never end! 2 1 Link to comment Share on other sites More sharing options...
Isaan sailor Posted June 29, 2021 Share Posted June 29, 2021 1 hour ago, ExpatOilWorker said: We just broke 32.0. This party will just never end! Finally, currency traders realize that Thailand not the best emerging market to invest in. Covid out of control, and late to the vaccine party. 2 Link to comment Share on other sites More sharing options...
Chivas Posted June 29, 2021 Share Posted June 29, 2021 Weakening out to 35 would keep 99% well happy the 1% being the Expats paid in Baht and remitting back to home ! Link to comment Share on other sites More sharing options...
riclag Posted June 29, 2021 Share Posted June 29, 2021 (edited) 3 hours ago, Isaan sailor said: Finally, currency traders realize that Thailand not the best emerging market to invest in. Covid out of control, and late to the vaccine party. I posted in another thread a few months ago, how the Covid crisis in Thailand wasn't really showing significant signs of the Baht weakening ! Which imop was rather confusing seeing that tourism and jobs were at a all time low ! Its refreshing to see the weakening finally ,especially, when one want's to get more bang for the buck ,so to speak ! Unfortunately, I fear it won't last long ! I read on a news site earlier today, that the BOT is considering adjusting the Foreign Exchange regulations framework WTM,to cope with the economic volatility ! It sure would be nice to see those 2015-2016 rates again at 35 and 36! Edited June 29, 2021 by riclag 1 Link to comment Share on other sites More sharing options...
Rinrada Posted June 29, 2021 Share Posted June 29, 2021 On the other hand Exporters expect to Gain from weaker Baht... ..Export stocks in Many industries are Expected to gain from a 6% Depreciation of the Thai baht since mid-May as the prospects of US economic recovery and an inflation rate hike has caused the US dollar to rise, according to KTBST Securities. 29 Jun 2021 at 04:00 Almost hit the 1 Pound = 45 recently...swings and rounda...etc.. 1997...well and truly history... Link to comment Share on other sites More sharing options...
Chivas Posted July 3, 2021 Share Posted July 3, 2021 I see its closed against the benchmark at 32.13 Looks like it was higher yesterday at one point intraday at 32.22 Good to see for everyone unless you're an expat paid in Baht Link to comment Share on other sites More sharing options...
stament Posted July 3, 2021 Share Posted July 3, 2021 3 hours ago, Chivas said: I see its closed against the benchmark at 32.13 Looks like it was higher yesterday at one point intraday at 32.22 Good to see for everyone unless you're an expat paid in Baht I do see further weakening particularly if the sandbox is delayed or covid rates continue to increase. Do I hear another rates cut - surely not! Link to comment Share on other sites More sharing options...
Chivas Posted July 8, 2021 Share Posted July 8, 2021 Right out to 32.49 now 2 Link to comment Share on other sites More sharing options...
CrunchWrapSupreme Posted July 8, 2021 Share Posted July 8, 2021 Teaching in Thailand, as you know, often doesn't pay too well. Especially out here in Issan. But the trick is to get home, then do a little online tutoring, for some good ol' greenbacks. ???????????? Certainly made my day. ???????????? 1 Link to comment Share on other sites More sharing options...
ExpatOilWorker Posted July 8, 2021 Share Posted July 8, 2021 8 hours ago, Chivas said: Right out to 32.49 now Yeah, this have been a sweet ride. We might even break the 2 year high of 33.08 in a few weeks. 1 Link to comment Share on other sites More sharing options...
lolalol Posted July 8, 2021 Share Posted July 8, 2021 14 minutes ago, ExpatOilWorker said: 8 hours ago, Chivas said: Right out to 32.49 now Yeah, this have been a sweet ride. We might even break the 2 year high of 33.08 in a few weeks. Looks like the COVID chart. 1 1 Link to comment Share on other sites More sharing options...
Chivas Posted July 9, 2021 Share Posted July 9, 2021 Dropping further and further now Sterling has breached 45 at the time of post 2 Link to comment Share on other sites More sharing options...
Popular Post Isaan sailor Posted July 9, 2021 Popular Post Share Posted July 9, 2021 It takes a full blown pandemic to finally cut the damned Baht down to size. Thailand no longer an emerging market—and currency traders seem to have gotten the message. 3 Link to comment Share on other sites More sharing options...
Sticky Rice Balls Posted July 9, 2021 Share Posted July 9, 2021 On 3/14/2021 at 3:05 PM, Meat Pie 47 said: yes it getting very weak exact quote I used on granny at my last happy massage! be gentle granny! 1 Link to comment Share on other sites More sharing options...
Popular Post Sticky Rice Balls Posted July 9, 2021 Popular Post Share Posted July 9, 2021 On 6/24/2021 at 10:52 AM, Caldera said: Finally, looking at the exchange rate has become fun again. ???? Perhaps they will lessen all the hoops they are making us jump thru to return to LOS Money #1 in LOS......they can spin this all they want but once the teflon baht drops Id expect panic-thais 3 Link to comment Share on other sites More sharing options...
ExpatOilWorker Posted July 9, 2021 Share Posted July 9, 2021 It just dropped 0.2 points in 4 hours. We might get 33 by the end of the day. 2 Link to comment Share on other sites More sharing options...
Chivas Posted July 9, 2021 Share Posted July 9, 2021 42 minutes ago, Isaan sailor said: It takes a full blown pandemic to finally cut the damned Baht down to size. Thailand no longer an emerging market—and currency traders seem to have gotten the message. 9000 plus infections in last 24 hours and Thailand knows a full lockdown is coming 1 Link to comment Share on other sites More sharing options...
Sticky Rice Balls Posted July 9, 2021 Share Posted July 9, 2021 so are we saying crude oil is the kryptonite of the thai teflon baht???? have we found the key to the vault?? 1 Link to comment Share on other sites More sharing options...
KhunBENQ Posted July 9, 2021 Share Posted July 9, 2021 (edited) Euro at 38.688 near 3 year high. But more than a Baht missing to the 5 year high (39.8563, September 2017). Edited July 9, 2021 by KhunBENQ 2 Link to comment Share on other sites More sharing options...
Chivas Posted July 10, 2021 Share Posted July 10, 2021 Just looking via google finance and Sterling finished week at 45.33 and Dollar at 32.63 Not seen Sterling at that level since the drops subsequent to the 2016 referendun result partly aided by Sterling gaining against the USD whilst at the same time the Baht weakening out against the same USD Double whammy in Brits favour for once 1 Link to comment Share on other sites More sharing options...
Henryford Posted July 10, 2021 Share Posted July 10, 2021 Typical i did a Sterling transfer on Thursday at 44.75 but by Friday it was 45.21 1 Link to comment Share on other sites More sharing options...
sucit Posted July 10, 2021 Share Posted July 10, 2021 If we breach and hold that 93 area things could get real juicy. Otherwise, get your large transfers in now! 1 Link to comment Share on other sites More sharing options...
Chivas Posted July 10, 2021 Share Posted July 10, 2021 5 hours ago, sucit said: If we breach and hold that 93 area things could get real juicy. Otherwise, get your large transfers in now! This is entirely Baht weakness now not Dollar strength albeit the end result is the same Link to comment Share on other sites More sharing options...
spidermike007 Posted July 10, 2021 Share Posted July 10, 2021 Let us hope the baht completely tanks. The economy is sure in the toilet. Exports are down. Investment is way down. Shopping is way down. New car sales are way down. Foreign investors are taking their money out of Thailand, as it is considered highly unstable, and being run by children, who sure look like adults. Likely the only thing that is up, are Thai police and official imports of heroin. Got to make up for the shortfall somewhere. 1 1 Link to comment Share on other sites More sharing options...
stament Posted July 15, 2021 Share Posted July 15, 2021 looks to be going in one direction............. Link to comment Share on other sites More sharing options...
balo Posted July 15, 2021 Share Posted July 15, 2021 11 hours ago, stament said: looks to be going in one direction............. Which way ? 1 Link to comment Share on other sites More sharing options...
Chivas Posted July 16, 2021 Share Posted July 16, 2021 Touched 32.81 earlier currently at 32.77 as conditions worsen in Thailand with record infections This will go right out to 35 over the next 6 weeks Link to comment Share on other sites More sharing options...
Nojohndoe Posted July 16, 2021 Share Posted July 16, 2021 All very nice that exchange rates are improving for many. Unfortunately that will also mean that the price of imported products such as the food items of preference to many expats will rise accordingly. And fuel . And ..and..and. Thai exporters may enjoy the advantage . 1 Link to comment Share on other sites More sharing options...
Leaver Posted July 16, 2021 Share Posted July 16, 2021 13 hours ago, Nojohndoe said: All very nice that exchange rates are improving for many. Unfortunately that will also mean that the price of imported products such as the food items of preference to many expats will rise accordingly. But no problem if you drink local beer. ???? Link to comment Share on other sites More sharing options...
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