Will Thai Baht Reach 70baht/ By March? For Pound Sterling.

[BillyDeno]

Just after some info, does anyone think pound sterling will be worth 70baht around March? At 64baht to pound now but up + down all the time of late.

[Humphrey Bear]

Baht has appreciated wrt both pound and dollar since the return to 'democracy'.

In the next month nothing much will change, but when oil falls, or other reasons for dollar to appreciate, then so will pound. Euro appears to be a rule unto itself.

In about a year, when the current government has screwed things up again, the Baht will be back to 70:1 wrt GBP.

My opinion.

[BillyDeno]

Baht has appreciated wrt both pound and dollar since the return to 'democracy'.

In the next month nothing much will change, but when oil falls, or other reasons for dollar to appreciate, then so will pound. Euro appears to be a rule unto itself.

In about a year, when the current government has screwed things up again, the Baht will be back to 70:1 wrt GBP.

My opinion.

Thanks for the info

[goldfish]

http://www.thaivisa.com/forum/index.php?showtopic=138039

http://www.thaivisa.com/forum/index.php?showtopic=167750

[sbk]

This topic belongs in the banking/economy forum. And since there are already several threads discussing this there, as goldfish has taken the trouble to point out...

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