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Whats Gonna Happen To Thai Baht If U.s Embassy Close For A Week Or So?


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Posted

hey guys... i wanted to buy some baht or dollars to come to bkk and i just heard that us embassy is going to Close the embassy for a while and i had something in mind .. here is my question :

today exchange rate on bank of thailand was 100$ = 3089 Thai Baht

if the us close the embassy for lets say 1week or so whats the rate on that week

is it going to be more than 3089 lets say around 3500 or its gonna drop to 2900 or around that?

i mean whats gonna happen to thai baht if that happends ?

thanx so much for reply

Posted
name='loong' timestamp='1348176817' post='5684963']

Whether the US embassy is open or not does not affect the exchange rate.

Change your money when you get here, you will get a better rate than in the US[/b]

but i think its gonna affect ... it did affect on iran , iraq , so on

Posted

It won't matter .......... the Bht will be going up becayse if QE3 not because of the Embasy .... The dollar down is a better way to say it. UP for the bht means you get less fot your dollar. Value up

Posted
name='loong' timestamp='1348176817' post='5684963']

Whether the US embassy is open or not does not affect the exchange rate.

Change your money when you get here, you will get a better rate than in the US[/b]

but i think its gonna affect ... it did affect on iran , iraq , so on

if you think, why did you ask?

  • Like 1
Posted
[/b]name='loong' timestamp='1348176817' post='5684963']

Whether the US embassy is open or not does not affect the exchange rate.

Change your money when you get here, you will get a better rate than in the US

but i think its gonna affect ... it did affect on iran , iraq , so on

if you think, why did you ask?

Thinking is not so bad in first place... problem is that the Op has a preconceived opinion that something is going to happen and just seeks confirmation...

But Op, you are right... something is going to happen... the Baht / US$ exchange rate will either go up or down or stay the same... your guess is as good as everybody else guess... but don't confuse some riots with wars...

  • Like 2
Posted

Not everyone is well-traveled folks. The other day an acquaintance asked me if one could find bread in BKK biggrin.png

An English woman with a plummy accent, saw me leave the British Embassy. Approached me and asked if I spoke English.

  • Like 2
Posted

Not everyone is well-traveled folks. The other day an acquaintance asked me if one could find bread in BKK biggrin.png

An English woman with a plummy accent, saw me leave the British Embassy. Approached me and asked if I spoke English.

What did you tell her?

Posted

wow...too much negative energy here... i can get a fan club with all the haters out there... give me a break... i may look paranoid but if you where at my shoes or every Iranian shoe you wouldnt speak right now you would be speechless cos every man alive here is politician and thats why we care so much and yes i have been searching to open a pastry and money exchange but we all do respect f every hater out there i dont care what you say i care about my life...
Posted

This is an English language forum, English is the only accepted language except in the Thai Language forum where Thai is allowed. A post containing Chinese language has been removed. Other posts have been edited to remove bold font which is the same as shouting.

Posted

wow...too much negative energy here... i can get a fan club with all the haters out there... give me a break... i may look paranoid but if you where at my shoes or every Iranian shoe you wouldnt speak right now you would be speechless cos every man alive here is politician and thats why we care so much and yes i have been searching to open a pastry and money exchange but we all do respect f every hater out there i dont care what you say i care about my life...

Advice. Just ignore. You don't have to prove yourself to anyone or anything, especially here. (there's another thread about that going on right now - you can read it if you want a headache). It's just how things are on the forum. Fortunately, it's only a small few.

  • Like 1
Posted

wow...too much negative energy here... i can get a fan club with all the haters out there... give me a break... i may look paranoid but if you where at my shoes or every Iranian shoe you wouldnt speak right now you would be speechless cos every man alive here is politician and thats why we care so much and yes i have been searching to open a pastry and money exchange but we all do respect f every hater out there i dont care what you say i care about my life...

Jai yen yen

Here is 10 years worth of how US Dollars are doing compared to Baht

If I had to guess I would say trending down for some time now & set to continue.

  • Like 1
Posted

@hamma,, its called having a bit of craic mate,

some of us like to have a bit of fun along lifes path,

there ends my sermon for today,

jake

  • Like 1
Posted

Not everyone is well-traveled folks. The other day an acquaintance asked me if one could find bread in BKK biggrin.png

An English woman with a plummy accent, saw me leave the British Embassy. Approached me and asked if I spoke English.

What did you tell her?

I looked over my shoulder at the words, "British Embassy". She then said. "Oh that was a stupid question, wasn't it?" I didn't answer that one either. :D

  • Like 1
Posted

wow...too much negative energy here... i can get a fan club with all the haters out there... give me a break... i may look paranoid but if you where at my shoes or every Iranian shoe you wouldnt speak right now you would be speechless cos every man alive here is politician and thats why we care so much and yes i have been searching to open a pastry and money exchange but we all do respect f every hater out there i dont care what you say i care about my life...

Haters? What has your Iranian shoe crap to do with your question about the influence of the US embassy closure for the exchange rate??? what with opening a pastry shop??? you asked a question... people told you that it's an irrelevant question... and you told the people it's not... so you seem to know better... so enlighten us with your thoughts about where the exchange rate will go because of some riots in front of US embassies...

  • Like 1
Posted

The baht will collapse and the economy will survive on bartering thereafter. Get rid of all your baht before then and be sure you have something you can trade. Gold always works here.

  • Like 1
Posted

wow...too much negative energy here... i can get a fan club with all the haters out there... give me a break... i may look paranoid but if you where at my shoes or every Iranian shoe you wouldnt speak right now you would be speechless cos every man alive here is politician and thats why we care so much and yes i have been searching to open a pastry and money exchange but we all do respect f every hater out there i dont care what you say i care about my life...

I don't see the haters that you refer to.

There is a bit of sarcasm maybe, but that is because your question is seen by most of us as a really stupid one.

Why on earth would you think that the US embassy closing for a week would have any effect on the $/Bt exchange rate?

How do pastries have any relevance??

  • Like 1
Posted

wow...too much negative energy here... i can get a fan club with all the haters out there... give me a break... i may look paranoid but if you where at my shoes or every Iranian shoe you wouldnt speak right now you would be speechless cos every man alive here is politician and thats why we care so much and yes i have been searching to open a pastry and money exchange but we all do respect f every hater out there i dont care what you say i care about my life...

I don't see the haters that you refer to.

There is a bit of sarcasm maybe, but that is because your question is seen by most of us as a really stupid one.

Why on earth would you think that the US embassy closing for a week would have any effect on the $/Bt exchange rate?

How do pastries have any relevance??

I can't imagine a pastry exchange being successful in Thailand, though I suppose if Bill Gates had followed my advice I'd be typing this on an slide rule.

SC

Posted

Not everyone is well-traveled folks. The other day an acquaintance asked me if one could find bread in BKK biggrin.png

He was probably referring to 'proper bread' which is not so often found in Thailand !

Posted

With all due respect, if you are naive enough to think an embassy closing in Thailand has any effect on the exchange rate, you are far, far from ready to open your own business here.

Posted

Not everyone is well-traveled folks. The other day an acquaintance asked me if one could find bread in BKK biggrin.png

He was probably referring to 'proper bread' which is not so often found in Thailand !

Maybe I'm wrong about the pastry exchange... I've a yen for a few pounds of dough

SC

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