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Thoughts/predictions On Aus Dollar Exchange Rates


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Thanks lanna - your input is always appreciated. And yes, it would be THB I would be exchanging... maybe I'll dabble a bit and see what happens (I've been known to 'pull out' on more than a few occasions... :D ). I'll keep people updated on my losses!

Now if I can just get Crash999 to give me his own special brand of technical analysis, then I can see things from both sides... :o

If you're right lanna about the Kiwi still having some downside to it vs. the THB..... then oh boy I feel for the Kiwis in Thailand...

To be clear, I don't know. I'm guessing based on what is insufficient data.

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I'm at the Thai limit for foreign currency already, but I'm thinking I'll do it in somebody else's account.

? :o ?

Thai nationals have a 100k USD (or equivalent) limit for holding foreign currency in a Thai bank, all bank accounts included and summed up (they can, do, and will check - scb manager showed me on his screen what I held and in what banks, with just my Thai I.D. card number).

I am a dual-national, so my Thai-side is "quota-ed."

My other nationality has tax implications that I don't even want to get into, so I avoid it like the plague. Someday they will get me, but for now, <deleted> 'em.

I should have written, "I'm at the foreign currency limit for Thais" instead of "I'm at the Thai limit for foreign currency" for more clarity.

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