Baht's Biggest Surge Since 1998 Poses Risk to Tourism And Exports

[GammaGlobulin]

If it keeps rising, or does not go down very soon...I will just stop buying.

 

I have most everything I need, anyway.

 

The price of eggs is the same, and the price of Tuna has gone up about 30 percent in recent times...

But, how much Tuna can I eat, anyway?

 

So, I guess the Baht's rise will not affect me that much.

 

I might even be dead before I see the Baht come back down to reasonable levels.

Still, that's just the price we pay for being alive, and living.

 

 

[chiang mai]

Yahoo Finance is showing:

 

USD/THB down at 32.89

USD/GBP up at 1.33, and

GBP/THB up at 44.03

 

It's a bit unusual to see GBP so strong, if it doesn't hold GBP/THB could take a hammering.

[kevin612]

Baht is so strong despite Thailand is suffering flooding and global economic instability 

[chiang mai]

Just now, kevin612 said:

Baht is so strong despite Thailand is suffering flooding and global economic instability 

Thailand and the Baht didn't do anything, USD moved around it and made it appear the Baht had strengthened....it hasn;'t

[sambum]

10 hours ago, Sig said:

Definitely preferred the early 2000s when it was over 40 THB to 1 USD. Those were very good times.

 

I preferred it in the early 80's when I got 73 THB to the British Pound!!!

[BuddyPish]

2 hours ago, 818Pilot said:

You do know that “Farang” literally means foreigner, so people from India, China or anywhere else outside of Thailand are Farangs 

 

Not it does NOT.

It mean white westerner.
Indians are called "kaek"

[Bday Prang]

2 hours ago, 818Pilot said:

You do know that “Farang” literally means foreigner, so people from India, China or anywhere else outside of Thailand are Farangs 

I didn't know that, because it isn't true,      Indians are generally  referred to as "khaek"  which means "guest"  I don't think its particularly pejorative   Chinese are often referred to as "Cheen"   or rather more impolitely as "jek"

are you relatively new here?

[BuddyPish]

26 minutes ago, sambum said:

 

I preferred it in the early 80's when I got 73 THB to the British Pound!!!

 

The overhang from the Asian financial crisis lasted a lot longer than it should have but those days are over for good.

Frankly, you've more chance of seeing 33 baht to a pound than 73.

Blame decades of fiscal and monetary profligacy coupled with the sheer stupidity of Brexit.

[chiang mai]

5 minutes ago, BuddyPish said:

 

The overhang from the Asian financial crisis lasted a lot longer than it should have but those days are over for good.

Frankly, you've more chance of seeing 33 baht to a pound than 73.

Blame decades of fiscal and monetary profligacy coupled with the sheer stupidity of Brexit.

Totally agree. But that view is not popular with members, you can fully expect that within six months somebody will quote that the experts said the Pound would reach 33 and it never happened. Been there, done that.