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Posted

I was planning to exchange some money to fund marriage visa extension (400k baht) and hoping to gain some extra baht by waiting after 3rd July. Now what? PTP Unofficially won, there is no government formed yet, nothing is certain until August but THB Valued around 1 percent in one weekend <deleted>?!

Posted

the answer is "landslide victory" and not "what coalition will be formed and when".

I was hoping for the same as you, but euro fall down overnight 40 satang.

despite of it, I am rushing to the bank to exchange all my money, as I think, baht will strengthen further

Posted

Erm you mean 35 Baht, not 35 satang I'm sure - actually I think its about 30 Baht to $US and about 44 Baht to the Euro currently (in country).

Posted

I am not certain of the sentiments that the baht will continue to get stronger. Thaksin is far more clever than some of the very mediocre minds in politics recently, and he knows the impact the devaluation could have on exports. I believe he will do everything in his power to see the dollar climb to about 35, and sterling climb to about 55, or higher. Of course foreign exchange inflow will be a big factor.

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