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Posted

Mates,

Looking at the AUD/THB chart, it seems that the AUD is rising.

Whats your take on where this exchange rate is heading? there have been speculations the baht is about to devalue.

Cheers

Posted

"Whats your take on where this exchange rate is heading? there have been speculations the baht is about to devalue."

It will probably fluctuate. Maybe definitely.

There is also speculation that most foreign currency traders, and governments, have heard about the problems in Thailand and that is why the baht has already gone down.

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