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


BillyDeno

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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.

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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

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