Bank of Thailand Intervenes to Manage Baht's Exchange Rate

[Stargeezr]

Did this woman used to work for the Tourism sector of Thailand, her math skills seem to be the same.

  What a chuckle. maybe a small demotion and additional training is need for this person.

[lordgrinz]

1 minute ago, Stargeezr said:

Did this woman used to work for the Tourism sector of Thailand, her math skills seem to be the same.

  What a chuckle. maybe a small demotion and additional training is need for this person.

 

Yes, I think using her logic, since the baht is stronger now, they can now pay her less which will help her "better manage" her "spending in Thailand".

[lastchance]

Today we are seeing a meaningful drop of the baht's value versus USD, GBP, EUR, CNY, etc. Maybe they actually are intervening in the right direction.

 

Really doubt any regular tourist gives a f about even a 10% currency fluctuation. I haven't heard of anyone I know ever checking exchange rates for any trip.

 

But I'm cheap as hell. I usually take one domestic trip per month, and I've put a pause on that until the exchange rate is where I want it to be again. Sorry Thailand, less money for you.

[Chivas]

8 hours ago, koolkarl said:

Bank of Thailand intervenes all the time, this is not an exception.  The baht is a controlled currency. 

 

Go on then I'll take the bait