I've talked to Trump.  He said he might send the Dollar to 1:1 against the Baht because he loves reading these threads.

 

Trump lives in your mind for all of eternity.

 

Trump, Trump, Trump, Trump

2 hours ago, johnc925 said:

Moronic T-D-S statement of the day!

❤️👊🇺🇲 

I don't care, just the answer of an idiotic MAGA -Fool.

Thailand does manipulate its currency according to the US treasuries Bennet amendment.

http://www.finance.senate.gov/imo/media/doc/BILLS-114hr644enr.pdf

 

But maybe the Thais are still just hung up over the 1997 crisis

7 hours ago, TheAppletons said:

17 hours ago, sidjameson said:

What rising bath?

Barely unchanged against the USD over 5 years. Weaker against the £. 

 

  Try reading beyond the headline, like even the first 1/2 sentence:

 

  "The Thai baht's recent four-month rally ......"

Well I cannot see it either.

 

4 months to now is March to July.

Between  Feb to April this year, I was  getting an average of 42.69 to the UKP at TT Exchange

Today, July 8th, TT Exchange is offering 43.98.  https://ttexchange.com/exchange-rate  129 Baht difference in my favour on a £!00 exchange

 

How is that a 4-month rally that is decimating tourism? 

I hope Trump will apply tariffs of 50% or more on Thailand, then we will see if they can sustain the strong growth of the Baht

"faces challenges"?? as the baht appreciating is a good thing?? It means less exports and less tourists - both of which are vital to the economy. The baht is at least 10-20% overvalued for absolutely no reason other than manipulation.

 

 

Bring back tourism posting on here if the thai baht goes down.  Tourism is fine here.  A lot eye grabbing headlines from Thailand saying tourism is down but if you actually read the story. It's far from down   they're doing a lot better than most countries tourism wise.  

I don't think the strong Baht will have effect on tourism. Tourists take it into account and it certainly won't limit them. I think instead it will have negative effects on expatriates and exporters.

5 hours ago, Russel said:

I don't think the strong Baht will have effect on tourism. Tourists take it into account and it certainly won't limit them. I think instead it will have negative effects on expatriates and exporters.

Disagree with your first, agree with 2nd and 3rd.

 

I cut my holiday there short, I'm sure others do too. Modest hotel $75US a night, forget it, back to the Philippines where I was getting 55PHP to the dollar, instead of 32ThB.

 

Was there in 1997/98. 55thb to the dollar. Those were the days, Carlsberg pitchers 55thb.......another round, WHY NOT!

shouldnt be rising in the first place

22 hours ago, factual monk said:

Last Nail in coffin @ Tourism 

 

Suit'ts me fine.

16 hours ago, grumpyoldman said:

Disagree with your first, agree with 2nd and 3rd.

 

I cut my holiday there short, I'm sure others do too. Modest hotel $75US a night, forget it, back to the Philippines where I was getting 55PHP to the dollar, instead of 32ThB.

 

Was there in 1997/98. 55thb to the dollar. Those were the days, Carlsberg pitchers 55thb.......another round, WHY NOT!

 

16 hours ago, grumpyoldman said:

Disagree with your first, agree with 2nd and 3rd.

 

I cut my holiday there short, I'm sure others do too. Modest hotel $75US a night, forget it, back to the Philippines where I was getting 55PHP to the dollar, instead of 32ThB.

 

Was there in 1997/98. 55thb to the dollar. Those were the days, Carlsberg pitchers 55thb.......another round, WHY NOT!

I'm on your side, but as for tourist flows we have to look at it from a global and not individual perspective. As you can see from the graph, tourist flows have returned to pre-Covid levels. We can consider the decline in the last part to be physiological due to the low season. This is due to the fact that tourism has changed. Western tourism has been in crisis for years by now. Today, it is mainly made up of Chinese and Indians, and they don't care whether the Baht is overvalued or not, believe to me

On 7/8/2025 at 2:18 AM, Jurg said:

Look at the exchange rates over the past 10 years against the AUD!!

That's AUD weakening against all currencies not bht strengthening.