khundon Posted December 5, 2008 Share Posted December 5, 2008 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? Link to comment Share on other sites More sharing options...
SidFernwilter Posted December 5, 2008 Share Posted December 5, 2008 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? No it will be more like 48-49 Baht to the Pound... Link to comment Share on other sites More sharing options...
CockneyGit Posted December 6, 2008 Share Posted December 6, 2008 Perfect for me at the moment, I'm off back to UK in a couple of weeks. Lovely Jubbly! Link to comment Share on other sites More sharing options...
VegasVic Posted December 6, 2008 Share Posted December 6, 2008 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? Anyone who would assure you that Sterling will get back to 70 is certianly not an expert Sid has it about right, the Pound will see sub 50 by years end or early in January unless the BOT devalues the baht! Link to comment Share on other sites More sharing options...
khundon Posted December 6, 2008 Author Share Posted December 6, 2008 Yes I think you are all right pity anyone coming here from uk for Christmas it's going to cost them a lot more to enjoy LOS Link to comment Share on other sites More sharing options...
ged Posted December 6, 2008 Share Posted December 6, 2008 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? Anyone who would assure you that Sterling will get back to 70 is certianly not an expert Sid has it about right, the Pound will see sub 50 by years end or early in January unless the BOT devalues the baht! Vegas, anybody. BOT devalue the baht, i have heard this a few times ,Could someone explan in simple terms why they would do this , if at all. cheers Link to comment Share on other sites More sharing options...
maimeepom Posted December 7, 2008 Share Posted December 7, 2008 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? I have just watched a feature on Bloomberg T.V. They say Moody's have dowgraded the status of a number of Thai Banks. This would indicate all is not well in the Thai Banking world, and could well weaken the bart, when the currency traders resume trading on Monday. Link to comment Share on other sites More sharing options...
SidFernwilter Posted December 8, 2008 Share Posted December 8, 2008 http://www.ratesfx.com/predictions/pred-thb.html Link to comment Share on other sites More sharing options...
QED Posted December 8, 2008 Share Posted December 8, 2008 BOT devalue the baht, i have heard this a few times ,Could someone explan in simple terms why they would do this , if at all.cheers To help their flagging export business, which is the countries biggest economic sector. Thai imports are now very expensive all around the world due to to strong Baht Link to comment Share on other sites More sharing options...
SidFernwilter Posted December 11, 2008 Share Posted December 11, 2008 BOT devalue the baht, i have heard this a few times ,Could someone explan in simple terms why they would do this , if at all.cheers To help their flagging export business, which is the countries biggest economic sector. Thai imports are now very expensive all around the world due to to strong Baht Except export to the US and that is there most stuff goes anyway... The rumor about devalue the baht has never come from the government or the BOT. A friend of mine got warned by his financial advisor in UK that the it could be 45-46 Baht to the Sterling. Link to comment Share on other sites More sharing options...
samui04 Posted December 11, 2008 Share Posted December 11, 2008 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? Anyone who would assure you that Sterling will get back to 70 is certianly not an expert Sid has it about right, the Pound will see sub 50 by years end or early in January unless the BOT devalues the baht! I don't care too much about the pound but the baht-usd exchange just got below 35.... and all currency are coverted in dollars before the baht, so even if the Euro will run, no gain... Link to comment Share on other sites More sharing options...
churchill Posted December 11, 2008 Share Posted December 11, 2008 It all depends on what the dollar does - up or down ? I think down , Vic thinks up . Link to comment Share on other sites More sharing options...
chiang mai Posted December 11, 2008 Share Posted December 11, 2008 I think down also. Link to comment Share on other sites More sharing options...
chiang mai Posted December 11, 2008 Share Posted December 11, 2008 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? Short answer is no, not in my lifetime. Link to comment Share on other sites More sharing options...
PCA Posted December 11, 2008 Share Posted December 11, 2008 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? Short answer is no, not in my lifetime. u gonna die next year? Pound will have a comeback, that's for sure. Link to comment Share on other sites More sharing options...
Mosha Posted December 11, 2008 Share Posted December 11, 2008 (edited) Interesting times we live in. They do seem to like a stronger Baht for the high season, so come March may be interesting to see where it goes v sterling. (Adopt Yorkshire accent) In t'olden days, me dad had an encyclopedia set that had the Baht at 59 to the quid. I started my visits when the exchange rate was mid to high 30s I mentioned this to a mate. "Oh it'll never get there again" he said. On my consequent visit it was in the high 60s. Edited December 11, 2008 by Mosha Link to comment Share on other sites More sharing options...
Mosha Posted December 11, 2008 Share Posted December 11, 2008 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? Short answer is no, not in my lifetime. u gonna die next year? Pound will have a comeback, that's for sure. Oh it'll come back, but 70? I'll show my bare arse to Toxin. Link to comment Share on other sites More sharing options...
chiang mai Posted December 12, 2008 Share Posted December 12, 2008 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? Short answer is no, not in my lifetime. u gonna die next year? Pound will have a comeback, that's for sure. There's a big difference between a comeback and a totally unrealistic dream of 70. Link to comment Share on other sites More sharing options...
chiang mai Posted March 27, 2010 Share Posted March 27, 2010 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? Short answer is no, not in my lifetime. u gonna die next year? Pound will have a comeback, that's for sure. Always good to remember history PCA. Link to comment Share on other sites More sharing options...
PCA Posted March 27, 2010 Share Posted March 27, 2010 Who thinks that the exchange rate, Pounds sterling -- Thai Baht, at around 52 to the pound is low and do you think it will rise? Will it get back to rates in 2003-2004 of around 70 Baht to the Pound? Any experts out there? Short answer is no, not in my lifetime. u gonna die next year? Pound will have a comeback, that's for sure. Always good to remember history PCA. you should be able to read things in context but hey I know that's too much ask for ya. Link to comment Share on other sites More sharing options...
chiang mai Posted March 27, 2010 Share Posted March 27, 2010 Well you did spark my curiosity by means of a previous remark you made in an earlier thread and whilst I didn't really understand the whys and wherefores of it, I did remember it and thought I might check out what's going on in your head. No success really on that point so I put it all down to your over optimism re GBP/THB, if I'm wrong, please feel free to correct me and I'm happy to discuss/debate, but not argue. Link to comment Share on other sites More sharing options...
PCA Posted March 28, 2010 Share Posted March 28, 2010 Well you did spark my curiosity by means of a previous remark you made in an earlier thread and whilst I didn't really understand the whys and wherefores of it, I did remember it and thought I might check out what's going on in your head. No success really on that point so I put it all down to your over optimism re GBP/THB, if I'm wrong, please feel free to correct me and I'm happy to discuss/debate, but not argue. Dear CM, why do you link to a thread when you actually want to refer to another one. I mean sure you dont know whats going on in my head while I am convinced to know there's nothing much going on in yours. Just a little hint since you seem a bit confused, there is another thread going on about USD/THB and after several posts while everyone right in his mind knows that the subject is focused on USD you just jump in and claim rates of 40/45 and the whole topic is about the pound, hahaha. Didn't really intend to bring this one up but obviously those kind of things are the foundation to what you call a "discussion". You and me we will never have a discussion because you simply dont know enough just do you think you do when burbling irrelevant nonsense most of the time, cheers. Link to comment Share on other sites More sharing options...
Naam Posted March 28, 2010 Share Posted March 28, 2010 ...all currency are coverted in dollars before the baht, so even if the Euro will run, no gain... please repeat in a language i understand Link to comment Share on other sites More sharing options...
chiang mai Posted March 28, 2010 Share Posted March 28, 2010 Well you did spark my curiosity by means of a previous remark you made in an earlier thread and whilst I didn't really understand the whys and wherefores of it, I did remember it and thought I might check out what's going on in your head. No success really on that point so I put it all down to your over optimism re GBP/THB, if I'm wrong, please feel free to correct me and I'm happy to discuss/debate, but not argue. Dear CM, why do you link to a thread when you actually want to refer to another one. I mean sure you dont know whats going on in my head while I am convinced to know there's nothing much going on in yours. Just a little hint since you seem a bit confused, there is another thread going on about USD/THB and after several posts while everyone right in his mind knows that the subject is focused on USD you just jump in and claim rates of 40/45 and the whole topic is about the pound, hahaha. Didn't really intend to bring this one up but obviously those kind of things are the foundation to what you call a "discussion". You and me we will never have a discussion because you simply dont know enough just do you think you do when burbling irrelevant nonsense most of the time, cheers. Well I've no idea what this is all about PCA but you've obviously got a flea up your bum over something or other I've written and mightily upset you seem too. I did try to enquire politely about your earlier remark but given the tone of your response I have ceased caring - so yes, let's just leave there. Link to comment Share on other sites More sharing options...
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