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Posted

SORRY but can someone explain to me what is happening.

US $ to NZ$ has jumped about 3 cents in the last few days now 72.75c

US$ to THB has been almost stalled on 33Bt to USD for a long time

THB TO NZ$ over the last week has only moved very slightly from 23.03 BT and today struggled to 23.90

SOMETHING STRANGE IS HAPPENING, just when i have a considerable sum to move. HELP PLEASE mai koh jai ?????? Thanks

Posted

To the best of my knowledge -

NZ $ strengthening due to their ecoonomy. US$ weakening (because the US is broke), even against Thaibaht altho it had been level pegging for 3 months. (I think that maybe Thailand Govt. has decided to stop its level pegging with the US$ at this time as it is weakening so much)

Posted

Thai Bht will always peg Yank $ at 33-44 range - def won't let it slip. Yank economy is turning around, so expect the $ to get stronger in the coming months.

BTW - Europe and UK are broke too. :)

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