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Euro Vs. Baht--where's It Heading?


Bel Mondo

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Here's a question that affects tourism as well as investors.

Last year at this time, the Euro was around 51. Now it down around 47+. Taking into account the problems in France, the new government in Germany and the advance in the USD against the Euro---where do you think the Euro is headed against the Baht.

Considering the problems in South Thailand, the weakness of the SET, the immense deficint created by the 30 Baht medical scheme and the numerous billion baht infrastructure programs, I cannot see why the Euro has lost strength vs. the Baht.

I am not a forex guy, so I was wondering what your thoughts might be on this and what predictions you may have.

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