Thai Baht heads to near 37 Baht/US$, as BoT defends its use of $19 billion in defending the currency

[AnotherFarang8]

GBP is likely to reach 1:1 with USD before spring time. This year is really full of interesting trends.

[In Full Agreement]

On 9/16/2022 at 9:21 AM, Onerak said:

Still waiting for the days when 40 BHT will be one USD as It was when I had to flee my nomadic living in Europe to Thailand.

 

You've had a long wait..    ????

[crazykopite]

They have been manipulating the baht for years but very soon it’s all going to go belly up and the sooner it happens the better 

[Sparktrader]

On 9/16/2022 at 1:36 PM, KhunLA said:

I drew this up yesterday, out of curiosity.  In case anyone interested how it performed the past 22 yrs, and what USA administration was in at the time.  My conclusion ... I hope Biden runs & wins in 2024 ????

 

High interest rates ie high inflation boosts dollar. Actually bad long term.

[peterfranks]

1 hour ago, crazykopite said:

They have been manipulating the baht for years but very soon it’s all going to go belly up and the sooner it happens the better 

Yup, the US has accused Thailand a few times of manipulating the Thai baht........to keep it artificial weak

[morrobay]

5 minutes ago, peterfranks said:

Yup, the US has accused Thailand a few times of manipulating the Thai baht........to keep it artificial weak

Shows you how much they know about it 

[jacko45k]

19 hours ago, spidermike007 said:

New bikes are very popular here, due to most people not being able to afford a car. 

It is still about 100,000 baht for a PCX and much cheaper Waves are not as popular as they used to be. 

[bkk6060]

40 to USD soon?