Baht could sink even further, analyst warns

[scubascuba3]

1 hour ago, matchar said:

Baht recovered slightly... government intervention?

Not sure, if so that's a bad sign for the baht, can't buck the market. Baht back down again today

Edited August 13, 2021 by scubascuba3

[Kwasaki]

On 8/8/2021 at 12:18 PM, Moo 2 said:

My wife (Thai) said she would vote for Prayut at the next elections if he raises the bar to 33 Baht for 1 Aussie $.  Is that blackmail or just desperation?

Got 46 yesterday with my UK pension, Amen. ????????

[SymS]

On 8/5/2021 at 11:09 AM, spidermike007 said:

The economy is in a shambles, tourism will not return for years, exports are way down, homelessness is exploding, the unemployment rate might be as high as 40%, and foreign investors are now scared of anything related to Thailand. 

The tourism sector is severely impacted, but I don't think the economy as a whole is that bad. I've never seen so much building activity in my area, but if Trading Economics data is correct, exports are doing fine.

 

The GDP is not that great, but it's not a catastrophe either.

Edited August 13, 2021 by SymS
typo