webfact Posted March 30, 2010 Share Posted March 30, 2010 Baht approaches 22-month high BANGKOK: -- The baht was almost at its 22-month high Tuesday on positive Thai economic outlook which attracted overseas demand for local assets. The government on Monday revised up its GDP 2010 growth estimate from 3.5 to 4.5 percent in view of the improving global economic environment. The Baht strengthened by 0.1 percent to 32.33 per the U.S. dollar. The baht has gained 3 percent in the first quarter of this year, should strenghten to Bt31.50 per U.S. dollar by year-end, currency traders said. -- The Nation 2010-03-30 [newsfooter][/newsfooter] Link to comment Share on other sites More sharing options...
seanocasey Posted March 30, 2010 Share Posted March 30, 2010 looks increasingly likely that the pound and Euro will buy a lot less in los the next few years and as I assume others here will have to adjust there spending accordingly. to put it all into perspective one might like to ponder over this site here Link to comment Share on other sites More sharing options...
ratcatcher Posted March 30, 2010 Share Posted March 30, 2010 looks increasingly likely that the pound and Euro will buy a lot less in los the next few years and as I assume others here will have to adjust there spending accordingly.to put it all into perspective one might like to ponder over this site here So, why is the Canadian dollar doing so well? Link to comment Share on other sites More sharing options...
somtampet Posted March 30, 2010 Share Posted March 30, 2010 looks increasingly likely that the pound and Euro will buy a lot less in los the next few years and as I assume others here will have to adjust there spending accordingly.to put it all into perspective one might like to ponder over this site here The stocks and shares are doing well and the property market is improving so no problems for me and many others. Why do people always think that because the thai baht is strong all of us are having a terrible time.I have had 4 .5years on 74.9 and 70 so why should this bleep send me in hysterics.Any one that has bought property here when the baht was weak have done well also. Link to comment Share on other sites More sharing options...
somtampet Posted March 30, 2010 Share Posted March 30, 2010 If i sold my house in Pattaya i would make over 25,000 gbp profit due to the strong baht Link to comment Share on other sites More sharing options...
tonititan Posted March 30, 2010 Share Posted March 30, 2010 looks increasingly likely that the pound and Euro will buy a lot less in los the next few years and as I assume others here will have to adjust there spending accordingly.to put it all into perspective one might like to ponder over this site here The stocks and shares are doing well and the property market is improving so no problems for me and many others. Why do people always think that because the thai baht is strong all of us are having a terrible time.I have had 4 .5years on 74.9 and 70 so why should this bleep send me in hysterics.Any one that has bought property here when the baht was weak have done well also. Yeah, it's actually great news for me and for many other people who work in Thailand and get paid in baht, but still have expenses in our home countries. If we transfer our money back home, we get a lot more dollars/pounds/etc. out of it! Link to comment Share on other sites More sharing options...
ChiangMaiFun Posted March 30, 2010 Share Posted March 30, 2010 If i sold my house in Pattaya i would make over 25,000 gbp profit due to the strong baht it is unlikely to last... make hay while the sun shines Link to comment Share on other sites More sharing options...
ESB7 Posted March 30, 2010 Share Posted March 30, 2010 If i sold my house in Pattaya i would make over 25,000 gbp profit due to the strong baht Thats not exactly liquid capitol that can used as daily expenses. Link to comment Share on other sites More sharing options...
ChiangMaiFun Posted March 30, 2010 Share Posted March 30, 2010 If i sold my house in Pattaya i would make over 25,000 gbp profit due to the strong baht Thats not exactly liquid capitol that can used as daily expenses. I know... it was a general comment - things are cyclic - very few of us will be able to convert back into GBP - thats why I own some condos and have my daily expenmses in THB - I rarely use the ATM Link to comment Share on other sites More sharing options...
clip Posted March 31, 2010 Share Posted March 31, 2010 looks increasingly likely that the pound and Euro will buy a lot less in los the next few years and as I assume others here will have to adjust there spending accordingly.to put it all into perspective one might like to ponder over this site here So, why is the Canadian dollar doing so well? i dont know but im lovin it lol Link to comment Share on other sites More sharing options...
Jonathanpattaya Posted March 31, 2010 Share Posted March 31, 2010 If i sold my house in Pattaya i would make over 25,000 gbp profit due to the strong baht In theory. But who is going to buy property in Pattaya? Link to comment Share on other sites More sharing options...
Jonathanpattaya Posted March 31, 2010 Share Posted March 31, 2010 I am certainly spending less. Link to comment Share on other sites More sharing options...
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