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SET plunges to 6-month low

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The problem is the airlines buy futures and so they have to pay over the odds still. It could be many months before it rights itself.but then if we still pay it will not drop anyway...lol.

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  • 'Lower oil prices benefit consumers, but traders have been unnerved by the speed of the freefall in crude prices, which could put projects on hold in the oil sector and hurt energy companies and banks

  • Perhaps a major national event is imminent, or rumoured to be.

  • Far to much uncertainty within Thailand as to direction. Overt interest in control of the future, bogus economic figures, and irrational plans by the current Parliment all add to dropping markets. O

With the markets taking such a hit, the uncertainties over the government, and the exodus of foreign cash from the country, why is the baht not doing worse? One would expect to see it plunge.

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