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Posted

Possibly

Some "experts" are sugesting if the BRITEXIT vote fails there may be a surge on the Euro based on a BREMAIN (remain in the EU) vote.

I don't know,i suppose it is possbile, but who really knows what will happen.

Posted

not an easy answer, it depends on so many factors, notably on how the central banks manage their currency.

on one side, the economics are stacked against the EU because of social burden, but on the other side Thailand's best interest can be to keep its currency low to favor exports.

in the long run, I see the Baht becoming stronger, but I also a very probably scenario of political unstability weakening the Baht in the short term.

Posted (edited)

when i was moved to Bkk, it was above 50 baht... then started to felt to 37 baht.

Dont expect a miracle, the rate of 50 baht or even 43 baht are over.

Edited by Bender
Posted

Whatever happens at Brexit time the outlook for the euro is weak.

Bremain would shore up the EU and delay the currency decline.

Brexit will speed up the process.

We are looking here at the badly created and too hastily introduced currency of a Union where politicos are trying to forge closer links and the populace are crying enough.

The continued existence of the EU may be in doubt, let alone the coinage.

Posted

53 and a bit in 2008... Those were the days.... 555

Yes, 53 B/€ in July 2008, when I bought my condo in Thailand. smile.png

  • 2 weeks later...
Posted (edited)

according to macro economic views, and many considerations about US$ and yuan, i believe that bath currency should increase on end 2016-17. i mean >40thb/1euro. (Thanks to 51,5% british people who expected brexit, for their recent contribution to this target)

wait and see...

Edited by mike13

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