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Thailand Fights to Cool Rapid Rise of the Baht

webfact
in Thailand News - Discussion

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It may be Mickey Mouse money but Ive gotten a lot of pleasure and satisfation from it.

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    • daveAustin
      daveAustin

      Thailand Fights to Cool Rapid Rise of the Baht   There a first. Cool it by 0.1% perhaps? It’s about 30% overpriced. 

    • fittobethaied
      fittobethaied

      REALLY! Tough times require tough measures. Never in the history of our country has crime and criminals been so out of control. There is no alternative except to bring out the National Guard and ICE a

    • Des1
      Des1

      The problem seems so obvious, it has been expressed by a number knowledgeable people. The greed and corruption around the sale and movement of gold through Thailand. Thai leaders dance around it. The

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    Where's Soros when you need him?  :thumbsup:

    • Agree 1
    On 12/6/2025 at 2:13 AM, webfact said:

    Such actions are crucial as the baht strengthens to levels exceeding 32 per dollar, affecting exports and tourism.

     

    Well, 32 baht to the dollar was 'yesterday', but the BOT seems to keep intervening around the 31.80 level. They will have to dig deep into their foreign currency reserves to buy baht, in order to get the dollar back above 32... 😆

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