dandare11 Posted May 30, 2011 Share Posted May 30, 2011 Next stop 80,but maybe a long haul,at 11 this morn 50.022 at ATM Link to comment Share on other sites More sharing options...
kdc1899 Posted May 30, 2011 Share Posted May 30, 2011 Time to start cashing out of the baht and lock in the profits. Link to comment Share on other sites More sharing options...
beano2274 Posted May 30, 2011 Share Posted May 30, 2011 it was that on Friday night, and on Saturday. Am gonna buy some Pounds this week as going back to the UK soon. Link to comment Share on other sites More sharing options...
dandare11 Posted May 30, 2011 Author Share Posted May 30, 2011 Whoops,slipped again. Link to comment Share on other sites More sharing options...
beano2274 Posted May 30, 2011 Share Posted May 30, 2011 (edited) super rich are selling at 50.05 buying at 49.9. I bought 400GBP at 49.4 and 100GBP at 48.2 :-) Edited May 30, 2011 by beano2274 Link to comment Share on other sites More sharing options...
londoedan Posted May 30, 2011 Share Posted May 30, 2011 Now I am confused. I've just started a job in Singapore that is salaried in US$. Most of this income will probably be spent in Thailand ! Simon Link to comment Share on other sites More sharing options...
fredob43 Posted May 30, 2011 Share Posted May 30, 2011 As of one hour ago the Kasikorn bank was giveing 49/38bt just over 50 for T/cheque's Link to comment Share on other sites More sharing options...
kdc1899 Posted May 30, 2011 Share Posted May 30, 2011 Now I am confused. I've just started a job in Singapore that is salaried in US$. Most of this income will probably be spent in Thailand ! Simon Just pay as you go and keep a u.s. dollar account. There will be no qe3 so the dollar should get much stronger this year. Link to comment Share on other sites More sharing options...
Thaifan2 Posted May 30, 2011 Share Posted May 30, 2011 >>Next stop 80,but maybe a long haul,at 11 this morn 50.022 at ATM << Why are so many Brits optimistic about sterling .The British Government is in serious debt .Sterling has been hanging at around 49.5 baht for about 6 months now ,and then people get excited when it jumps a little to 50 in one odd day . My bet is on Sterling continue to go down against the baht ,unless Thailand has big political problems which is possible ( but i hope will not happen ) . Link to comment Share on other sites More sharing options...
fredob43 Posted May 30, 2011 Share Posted May 30, 2011 >>Next stop 80,but maybe a long haul,at 11 this morn 50.022 at ATM << Why are so many Brits optimistic about sterling .The British Government is in serious debt .Sterling has been hanging at around 49.5 baht for about 6 months now ,and then people get excited when it jumps a little to 50 in one odd day . My bet is on Sterling continue to go down against the baht ,unless Thailand has big political problems which is possible ( but i hope will not happen ) . Might have hit the nail on the head with the last bit. Who know's????? Link to comment Share on other sites More sharing options...
dandare11 Posted May 30, 2011 Author Share Posted May 30, 2011 >>Next stop 80,but maybe a long haul,at 11 this morn 50.022 at ATM << Why are so many Brits optimistic about sterling .The British Government is in serious debt .Sterling has been hanging at around 49.5 baht for about 6 months now ,and then people get excited when it jumps a little to 50 in one odd day . My bet is on Sterling continue to go down against the baht ,unless Thailand has big political problems which is possible ( but i hope will not happen ) . It will make my purchase of the Super Sue or whatever it's called apartments cheaper Link to comment Share on other sites More sharing options...
dandare11 Posted May 31, 2011 Author Share Posted May 31, 2011 Almost 51 now,join millionares row Link to comment Share on other sites More sharing options...
beano2274 Posted May 31, 2011 Share Posted May 31, 2011 (edited) I bought Scottish pounds at 49.3, the Brit pounds was at 50.20. Scottish pounds can be exchanged at most banks in England 1 for 1. It is legal tender but some people do not accept it, which is illegal. Edited May 31, 2011 by beano2274 Link to comment Share on other sites More sharing options...
dandare11 Posted May 31, 2011 Author Share Posted May 31, 2011 I bought Scottish pounds at 49.3, the Brit pounds was at 50.20. Scottish pounds can be exchanged at most banks in England 1 for 1. It is legal tender but some people do not accept it, which is illegal. Once Scotland goes independant Scottish £s will be worth 20 pence Link to comment Share on other sites More sharing options...
LennyW Posted May 31, 2011 Share Posted May 31, 2011 I bought Scottish pounds at 49.3, the Brit pounds was at 50.20. Scottish pounds can be exchanged at most banks in England 1 for 1. It is legal tender but some people do not accept it, which is illegal. Once Scotland goes independant Scottish £s will be worth 20 pence Scottish notes are Sterling same as english ones, it's only ignorance that anyone thinks they are any different value wise ! ! and strangely enough the Bank of england was founded by a Scotsman - William Paterson. Link to comment Share on other sites More sharing options...
CGW Posted May 31, 2011 Share Posted May 31, 2011 (edited) I bought Scottish pounds at 49.3, the Brit pounds was at 50.20. Scottish pounds can be exchanged at most banks in England 1 for 1. It is legal tender but some people do not accept it, which is illegal. Once Scotland goes independant Scottish £s will be worth 20 pence Scottish notes are Sterling same as english ones, it's only ignorance that anyone thinks they are any different value wise ! ! and strangely enough the Bank of england was founded by a Scotsman - William Paterson. The bank of England was indeed founded by a Scotsman - William Patterson, his motto being it would be a "Fund of Perpetual Interest" which means the country would always owe the bank money, pretty sharp business man! some 300 years later the privately run Bank of England is still raking in the money, though the owners have changed. Edited May 31, 2011 by CGW Link to comment Share on other sites More sharing options...
timekeeper Posted June 1, 2011 Share Posted June 1, 2011 >>Next stop 80,but maybe a long haul,at 11 this morn 50.022 at ATM << Why are so many Brits optimistic about sterling .The British Government is in serious debt .Sterling has been hanging at around 49.5 baht for about 6 months now ,and then people get excited when it jumps a little to 50 in one odd day . My bet is on Sterling continue to go down against the baht ,unless Thailand has big political problems which is possible ( but i hope will not happen ) . i noted in the other paper Morgan Stanley and others were advocating that investors should sell Thai stocks and take the profit now they were intimating the future might not be so rosy under a new government this may be part of the reason why the baht is on the slide i am sure Naam will pop up and give us some guidance......... Link to comment Share on other sites More sharing options...
Rimmer Posted June 1, 2011 Share Posted June 1, 2011 One racist flame removed from view Link to comment Share on other sites More sharing options...
timekeeper Posted June 1, 2011 Share Posted June 1, 2011 transferred £10,000 from UK HSBC yesterday arrived today on arrival rate was 49.54 Link to comment Share on other sites More sharing options...
eefoo Posted June 2, 2011 Share Posted June 2, 2011 I bought Scottish pounds at 49.3, the Brit pounds was at 50.20. Scottish pounds can be exchanged at most banks in England 1 for 1. It is legal tender but some people do not accept it, which is illegal. Scottish pounds are equivalent in value to English ones. They are also legal tender - in Scotland. In England they are promissory notes, and as such can be rejected as payment for a debt. Link to comment Share on other sites More sharing options...
LennyW Posted June 2, 2011 Share Posted June 2, 2011 I bought Scottish pounds at 49.3, the Brit pounds was at 50.20. Scottish pounds can be exchanged at most banks in England 1 for 1. It is legal tender but some people do not accept it, which is illegal. Scottish pounds are equivalent in value to English ones. They are also legal tender - in Scotland. In England they are promissory notes, and as such can be rejected as payment for a debt. Nonsense, Scottish and English notes are both Sterling, both legal tender in the UK and both are promisary notes - that is why they both have "promise to pay the bearer on demand" printed on them. But enough of that - i see the rate dropping again this morning Link to comment Share on other sites More sharing options...
NanLaew Posted June 4, 2011 Share Posted June 4, 2011 I bought Scottish pounds at 49.3, the Brit pounds was at 50.20. Scottish pounds can be exchanged at most banks in England 1 for 1. It is legal tender but some people do not accept it, which is illegal. Once Scotland goes independant Scottish £s will be worth 20 pence Scottish notes are Sterling same as english ones, it's only ignorance that anyone thinks they are any different value wise ! ! and strangely enough the Bank of england was founded by a Scotsman - William Paterson. And it's a real teuchter that wid buy Sassenach poons when the Scottish anes are chaper. Smert chiel that beano, eh? Link to comment Share on other sites More sharing options...
NanLaew Posted June 4, 2011 Share Posted June 4, 2011 I bought Scottish pounds at 49.3, the Brit pounds was at 50.20. Scottish pounds can be exchanged at most banks in England 1 for 1. It is legal tender but some people do not accept it, which is illegal. Scottish pounds are equivalent in value to English ones. They are also legal tender - in Scotland. In England they are promissory notes, and as such can be rejected as payment for a debt. The final word on this off-topic debate. The legal position with regard to Scottish Banknotes is as follows: Scottish Banknotes are legal currency – i.e. they are approved by the UK Parliament. However, Scottish Bank notes are not Legal Tender, not even in Scotland. In fact, no banknote whatsoever (including Bank of England notes!) qualifies for the term 'legal tender' north of the border and the Scottish economy seems to manage without that legal protection. You can read all about it here at scotbanks.org.uk Link to comment Share on other sites More sharing options...
Phil Conners Posted June 4, 2011 Share Posted June 4, 2011 Moved as it is not Pattaya-related in any way. Please keep it Thailand-related. Link to comment Share on other sites More sharing options...
12DrinkMore Posted June 4, 2011 Share Posted June 4, 2011 and strangely enough the Bank of england was founded by a Scotsman - William Paterson. and don't forget the massive devaluation of the GBP at the hands of two other kiltwearers, Bruin and his Darling. Link to comment Share on other sites More sharing options...
nontabury Posted June 4, 2011 Share Posted June 4, 2011 ] and don't forget the massive devaluation of the GBP at the hands of two other kiltwearers, Bruin and his Darling. And you forgot the 3rd Scotsman who helped turn Britain into what it is today---- TONY BLAIR Link to comment Share on other sites More sharing options...
Thaifan2 Posted June 4, 2011 Share Posted June 4, 2011 .......So many excited Brits and its now back to 49.5 today .My that was a damp squid ;-) Link to comment Share on other sites More sharing options...
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