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Pound Drops Below 48 Baht

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47.97 baht to the british pound today, shocked to see it fall so low.<bangkok bank at 48.21 slightly better, but with the overall higher costs here, and a looming high seaon in july, this is one crazy expensive island  it seems.<br>

It was a sure bet the baht was going to get stronger after the result of the election. There is a different link on it SBK posted yesterday. Inflation will have a big impact if it carries on the same way

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