Yes, this is getting ridiculous now.

Today, US$ against the Thai baht is showing at 31.15 and the pound is 41.82  

On 12/18/2025 at 9:41 AM, ronnie50 said:

I still think something fishy is going on there. Someone in another thread - just yesterday - quoted the BoT as saying exports were strong, and that would at least partially account for strong baht. Now BoT says the opposite - exports are in trouble - which was my understanding for some time. The fact the BoT slight rate cut - and ones before it - have meant nothing to the Thai baht's strength says something else is going on, and it's not just a weakening USD.

 

This Orwellian double speak occurs in many categories. Tourist numbers, export numbers, immigration policies that turn 180 degrees at the drop of a hat.  

On 12/18/2025 at 5:51 AM, Jim Blue said:

they can'tv go below zero ?

 

The Swiss National Bank did that - used to charge people for looking after their money - negative interest effectively - in the end  companies were drawing the money out of their accounts and storing it in a secure location

On 12/18/2025 at 7:19 AM, ezzra said:

I keep my 800,000 retirement for a whole year for the princely sum of 1,000 baht interest a year

while in Australia I get 4%+.

I do the same, I actually have 1 mil, it stays in the bank all the time, every now and then I scoop the interest off, it's in a special account that gives a bit higher interest, I'm quite happy to have that sum behind me here, not just for Immigration but also if any emergency or accident, then I have a good backup sum.