baht against the dollar

[Harveyboy]

how is it even possible that the dollar is now stronger than the Euro  unbelievable..just seen it on TT more baht for the US dollar than the Euro ..?

[pjmorton]

The last couple of months has seen the U.S. central bank becoming more alarmed about inflation, and raising interest rates fast to make up for a slow start. The U.S. also has fewer concerns about imported fuel supplies. Both of these factors operate to weaken the Euro against the $. But I would guess that the recovery of tourism in Thailand will see the Baht strengthening against both in the near future.

[KhunLA]

Aside from being able to 'fuel' itself, the USA is one of the few counties, that can feed itself - wiki

The current shift toward socialism, and of course, being the worlds corporate security force has probably been detrimental to the strength of the $$$.

 

Or it would probably be back around ฿40/$1 ... pre-Gulf War BS, and increased debt/deficit.

 

Fake war, unnecessary bail outs, and now socialism has taken it's toll on the economy.

Edited August 24, 2022 by KhunLA

[Harveyboy]

can i just simplify for our readers that just post confused little faces instead of answers ..don't worry tho i have a 4 year old son that would do that also..         i stated the days dollar 29 baht ..Euro 44  baht now more baht for the dollar its totally reversed whats the confusion  ...if still not understood i can write it in crayon for you if its easier   555

[chippendale]

3 hours ago, Harveyboy said:

can i just simplify for our readers that just post confused little faces instead of answers ..don't worry tho i have a 4 year old son that would do that also..         i stated the days dollar 29 baht ..Euro 44  baht now more baht for the dollar its totally reversed whats the confusion  ...if still not understood i can write it in crayon for you if its easier   555

Incoherent and nonsensical post. Try studying interest rates, international trade flows, money supply, investors' expectations and government fiscal policies. It will give you a clear and intelligent answer, if you're capable of understanding it.

[KhunLA]

4 hours ago, Harveyboy said:

can i just simplify for our readers that just post confused little faces instead of answers ..don't worry tho i have a 4 year old son that would do that also..         i stated the days dollar 29 baht ..Euro 44  baht now more baht for the dollar its totally reversed whats the confusion  ...if still not understood i can write it in crayon for you if its easier   555

[peterfranks]

12 minutes ago, KhunLA said:

You do know that buying rates apply when exchange foreign currency to Thai baht?

[KhunLA]

3 minutes ago, peterfranks said:

You do know that buying rates apply when exchange foreign currency to Thai baht?

oops ... ????

 

Note to self:  do NOT post after smoking a doob 

[Presnock]

The $ USD index has increased almost 10% this year.  As mentioned above, at some point, it will come

back down to earth and the $ will then be back to 30 or below before too long.  Depends on politics,

both local and the world, weather patterns wiping out many countries plans - look at China today,

first they had the WUHAN virus and came up with a vaccine. But through lockdown and their vaccine,

they stopped it cold there.  But then the variants started - now the last that I saw, one vaccinated with

the Chinese vaccines were 5 times more likely to get a bad case of the COVID variants.  So then once

the variants hit China, they locked down again but that became more and more widespread affecting

the pipeline for other countries manufacturing processes.  Now they and other countries are being hit

by the violent shift of weather - today China issued a warning to 167 cities of a high heat wave and asked

companies to shut down and conserve power.  In addition, they reported several days ago 166 rivers in

33 counties had disappeared totally.  Many well known rivers are drying up around the world, plus many

lakes too are fading away.  Who knows what exchange rate we will be facing in the coming months when

the winter storms begin hitting the northern hemisphere and shutting down countries.  Good luck to all

as I have been here since the 1997 - 57 baht to a $ days but before that even I was here when it went to

20 baht per $ many years before that.  If one is one the borderline for staying here based on income then

good luck with that.  I feel sorry for all

and hope all can survive.

[Harveyboy]

5 hours ago, peterfranks said:

You do know that buying rates apply when exchange foreign currency to Thai baht?

i know that im getting a hell of a lot less than not long ago ...going to be great for tourism..only currency doing any good US dollar 

[Harveyboy]

6 hours ago, chippendale said:

Incoherent and nonsensical post. Try studying interest rates, international trade flows, money supply, investors' expectations and government fiscal policies. It will give you a clear and intelligent answer, if you're capable of understanding it.

wow cool down ..fell off your barstool or what ...

please read ..i can write it in crayon for you if you want ..i simply said i never would have thought od see the day when i would get more baht from a US dollar than a euro 20 years ive received a lot more for E against the US i change simple eh ..have a good day Sir H 

[Harveyboy]

5 hours ago, KhunLA said:

oops ... ????

 

Note to self:  do NOT post after smoking a doob 

actually yes i do  555