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Thai Baht hits weakest level in nearly 4 years as SET continues slump

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If memory serves me correctly 8 months ago they were calling for the SET to hit 1700 and there was discussion

on weather the baht would hit pre 97 levels of 26 to 1 USD. How quickly things can change when reality arrives.

Well these prediction look a little more realistic for the baht to sink a little further to around 33-34 and the set to

rise to 1520 on the strength of exports and tourism.

who are "they" who were calling, pray tell?

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If memory serves me correctly 8 months ago they were calling for the SET to hit 1700 and there was discussion

on weather the baht would hit pre 97 levels of 26 to 1 USD. How quickly things can change when reality arrives.

Well these prediction look a little more realistic for the baht to sink a little further to around 33-34 and the set to

rise to 1520 on the strength of exports and tourism.

who are "they" who were calling, pray tell?

http://www.thaivisa.com/forum/topic/630449-s-e-t-index-may-hit-1700-this-year-survey/?p=6269630

  • 2 weeks later...

Welcome to life. Nations rise and fall, stocks go up and down, currencies vacillate, beer goes bad, temperatures change.....blah blah blah. Anything new?

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