the truth is the thai baht is pegged to a basket of hard currencies as is the malaysian ringit you will notice that the baht and ringit trade at the same rate divided by ten supposedly to prevent speculators from causing wild fluctuations on their currencies more likely to set their currency to what ever they want it to be as does china with their peg to the dollar, while claiming to want to be the new world currency, good one

try floating your currency in the open market first, then talk to us about your world domination schemes

being a beancounter fan of facts i would call a 32% high/low difference "trading at the same rate divided by ten".

the truth is the thai baht is pegged to a basket of hard currencies as is the malaysian ringit

you will notice that the baht and ringit trade at the same rate divided by ten

supposedly to prevent speculators from causing wild fluctuations on their currencies

more likely to set their currency to what ever they want it to be

as does china with their peg to the dollar, while claiming to want to be the new world currency, good one

try floating your currency in the open market first, then talk to us about your world domination schemes

being a fan of facts i wouldn't call a high/low difference of 32% "trading at the same rate divided by ten". but then... to each his own fairy tale truth.

the truth is the thai baht is pegged to a basket of hard currencies as is the malaysian ringit

you will notice that the baht and ringit trade at the same rate divided by ten

supposedly to prevent speculators from causing wild fluctuations on their currencies

more likely to set their currency to what ever they want it to be

as does china with their peg to the dollar, while claiming to want to be the new world currency, good one

try floating your currency in the open market first, then talk to us about your world domination schemes

being a fan of facts i wouldn't call a high/low difference of 32% "trading at the same rate divided by ten". but then... to each his own fairy tale truth.

tell it to Hu

but then... to each his own fairy tale truth.

Save your breath

As your friends from the south would say ...That dog won't hunt

my southern friends don't know no dogs, only "dawgs".