chiang mai Posted September 18, 2015 Share Posted September 18, 2015 It's red or black, nothing more. Link to comment Share on other sites More sharing options...
Naam Posted September 18, 2015 Share Posted September 18, 2015 Blablablablablabla.. The reality is that Thai economy is going down the drain. It is not because of the rise of the dollar. Today I heard from suppliers that the reason that prices went up (exanple from 18 THB to 45 THB /pc) were due to the rise of the Chinese Dollar... Now we start to import supplies for ourselves and don't give a $#!t about our lying supplier. Thailand is living on a giant soap bubble. It is what I already said in 2010 !!! I predict a dollar rate of at least 39 THB on the dollar before this year ends... Prove me that I am wrong !!! hmmmmm....... Link to comment Share on other sites More sharing options...
lostoday Posted September 18, 2015 Share Posted September 18, 2015 (edited) Blablablablablabla.. The reality is that Thai economy is going down the drain. It is not because of the rise of the dollar. Today I heard from suppliers that the reason that prices went up (exanple from 18 THB to 45 THB /pc) were due to the rise of the Chinese Dollar... Now we start to import supplies for ourselves and don't give a $#!t about our lying supplier. Thailand is living on a giant soap bubble. It is what I already said in 2010 !!! I predict a dollar rate of at least 39 THB on the dollar before this year ends... Prove me that I am wrong !!! hmmmmm....... Wow you would think the Fed made an announcement today. What a shock. Edited September 18, 2015 by lostoday Link to comment Share on other sites More sharing options...
Skeptic7 Posted September 20, 2015 Share Posted September 20, 2015 Jury still out there. USA economy improving but not great. The employment gains really not up to expectation. There really no inflation at the moment and a strong dollar is bad for the exporters at time when other competing countries have a weak currency and global demand is still very soft. Doubt September and possibly kick the can to next year. Almost certainly will raise this month. 25 basis points, from nearly zero for years now, won't even be noticed and is long overdue. Even if they raised it 50 basis points, which they won't...it would still be historically very low. A hike will bring some stability back to the markets and also prepare for further rate hikes next year. Then watch the baht crumble! Good call. Waaah...I want my candy back! Link to comment Share on other sites More sharing options...
HLover Posted September 20, 2015 Share Posted September 20, 2015 Blablablablablabla.. The reality is that Thai economy is going down the drain. It is not because of the rise of the dollar. Today I heard from suppliers that the reason that prices went up (exanple from 18 THB to 45 THB /pc) were due to the rise of the Chinese Dollar... Now we start to import supplies for ourselves and don't give a $#!t about our lying supplier. Thailand is living on a giant soap bubble. It is what I already said in 2010 !!! I predict a dollar rate of at least 39 THB on the dollar before this year ends... Prove me that I am wrong !!! hmmmmm....... THB.jpg Do you have a copy of a post you made in 2010 regards to the Thai 'soap bubble'? That would be impressive. Link to comment Share on other sites More sharing options...
Thaiaddict01 Posted September 29, 2015 Share Posted September 29, 2015 had a financial advisor told me that, currencies is hard to predict so just exchange USD into Baht every once awhile instead of all at once. like it's currently at 36.44, just exchange your USD into segments and spread them out, maybe exchange some now, some a month later etc. so if bhat depreciates then you can exchange more later, if it appreciates then you don't get hit that hard if you exhcnage all the USD now Link to comment Share on other sites More sharing options...
chiang mai Posted September 29, 2015 Share Posted September 29, 2015 Blablablablablabla.. The reality is that Thai economy is going down the drain. It is not because of the rise of the dollar. Today I heard from suppliers that the reason that prices went up (exanple from 18 THB to 45 THB /pc) were due to the rise of the Chinese Dollar... Now we start to import supplies for ourselves and don't give a $#!t about our lying supplier. Thailand is living on a giant soap bubble. It is what I already said in 2010 !!! I predict a dollar rate of at least 39 THB on the dollar before this year ends... Prove me that I am wrong !!! hmmmmm....... THB.jpg Do you have a copy of a post you made in 2010 regards to the Thai 'soap bubble'? That would be impressive. What bearing would a forecast made in 2010 have to do with what's happening five years later? Link to comment Share on other sites More sharing options...
ExpatOilWorker Posted December 15, 2015 Share Posted December 15, 2015 With the US-$ trading around 36 baht, it might still make it to 36.75 by the end of the year. Link to comment Share on other sites More sharing options...
steveru Posted December 15, 2015 Share Posted December 15, 2015 As I was reading this the Baht has STRENGTHENED to 35.85 against the dollar! Can anyone explain this and the 32 point jump in the stock market? Link to comment Share on other sites More sharing options...
nojoma Posted December 15, 2015 Share Posted December 15, 2015 six months from now at 40 baht to usd the general will implement the .....bike for the baht........now the imf has been forewarned Link to comment Share on other sites More sharing options...
waldroj Posted December 15, 2015 Share Posted December 15, 2015 stevern It's because everyone is happy! If only this were true - the SET is only reacting to its recent crash - there are some real bargains out there now (if you're prepared to wait a year or so) courtesy of junta-head and his economic skills. All my investments are now long-term. Link to comment Share on other sites More sharing options...
ExpatOilWorker Posted December 15, 2015 Share Posted December 15, 2015 As I was reading this the Baht has STRENGTHENED to 35.85 against the dollar! Can anyone explain this and the 32 point jump in the stock market? That is a bit of a surprise. The market works in mysterious ways. Link to comment Share on other sites More sharing options...
Pib Posted December 15, 2015 Share Posted December 15, 2015 As I was reading this the Baht has STRENGTHENED to 35.85 against the dollar! Can anyone explain this and the 32 point jump in the stock market? That is a bit of a surprise. The market works in mysterious ways. It's a roll of the dice...spin of the wheel....flip of a coin....etc. Link to comment Share on other sites More sharing options...
rubl Posted December 15, 2015 Share Posted December 15, 2015 The BangkokPost shows US$ sell 36.28, buy 35.53 today. Still two weeks to reach 36.75 as predicted on the 9th of September this year. Link to comment Share on other sites More sharing options...
carstenp Posted December 15, 2015 Share Posted December 15, 2015 As I was reading this the Baht has STRENGTHENED to 35.85 against the dollar! Can anyone explain this and the 32 point jump in the stock market?That is a bit of a surprise. The market works in mysterious ways. Institutional investors were the only buyers, at 5.8 billion baht. Foreign investors sold a net 3.24 billion baht, followed by small investors (1.94 billion) and brokers (622.80 million). Link to comment Share on other sites More sharing options...
Stevemercer Posted December 16, 2015 Share Posted December 16, 2015 Chinese interests are behind many big holders of the Baht. It's currently in China's interests to keep the Baht fairly high, so it they will try and hold it reasonably steady as long as they can. Link to comment Share on other sites More sharing options...
sandyf Posted December 16, 2015 Share Posted December 16, 2015 Chinese interests are behind many big holders of the Baht. It's currently in China's interests to keep the Baht fairly high, so it they will try and hold it reasonably steady as long as they can. What do you mean? The baht is currently weaker to the yuan than its ever been. 2 years ago we could buy yuan for 5 baht now its about 5.6. Link to comment Share on other sites More sharing options...
flyingdoc Posted December 21, 2015 Share Posted December 21, 2015 Looking at the rate against the £ too ! Link to comment Share on other sites More sharing options...
Naam Posted December 21, 2015 Share Posted December 21, 2015 Chinese interests are behind many big holders of the Baht. It's currently in China's interests to keep the Baht fairly high, so it they will try and hold it reasonably steady as long as they can. it's always a big advantage to get facts from insiders and currency exburts Link to comment Share on other sites More sharing options...
watcharacters Posted December 30, 2015 Share Posted December 30, 2015 Tomorrow, Dec 31, 2015 will need to be one hell of a day to make true some of the above prognostications. E Currency ConverterConverter Rates Analysis Info Read important information about the THB. 1.00 USD = 36.0459 THB US Dollar ↔ Thai Baht 1 USD = 36.0459 THB 1 THB = 0.0277424 USD Convert againView ChartMid-market rates: 2015-12-30 14:55 UTC Link to comment Share on other sites More sharing options...
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