cyberfarang Posted July 6, 2016 Share Posted July 6, 2016 As the title says; the £££ has hit a new low today, just over 45 baht, maybe even less tomorrow - will the Brit expats survive this? For the Brits living in Thailand, how will this affect you? Link to comment Share on other sites More sharing options...
MissAndry Posted July 6, 2016 Share Posted July 6, 2016 (edited) The Australians survives their 30% drop in the last 3 years. The Russians survived their 40% drop last year. The Norwegians managed throughout their almost 30% drop in the last 2 years. The Swedish survived their 20% drop over the last 2 years. The Euro has also lost 12% over the last 2 years. You think the Brits won't survive a 13% drop? Edited July 6, 2016 by MissAndry Link to comment Share on other sites More sharing options...
Upnotover Posted July 6, 2016 Share Posted July 6, 2016 Guess they will do what they did 3 years ago when it was a bit lower, or as a friend of mine who has been here a while says "anything over 38 is a bonus". Link to comment Share on other sites More sharing options...
Deepinthailand Posted July 6, 2016 Share Posted July 6, 2016 Why as a brit would I not survive???? Ludicrous question. I deal in Thai Bht can't spend the pound here Link to comment Share on other sites More sharing options...
brewsterbudgen Posted July 6, 2016 Share Posted July 6, 2016 Plenty of happy Brits sending baht home! Link to comment Share on other sites More sharing options...
Hedghog Posted July 6, 2016 Share Posted July 6, 2016 Gold is up,loving it. I never look at the pound. Although if it goes lower I may buy some. Link to comment Share on other sites More sharing options...
MissAndry Posted July 6, 2016 Share Posted July 6, 2016 After comparing many of the western worlds currencies, I'm actually glad to have GBP. It looks like everyone else has been doing much worse on their currency exchange rates in the past 7 years. Only the USA is up ....... and their turn will come. Buy USD, I think not, looks like their turn is next. Link to comment Share on other sites More sharing options...
SoiBiker Posted July 6, 2016 Share Posted July 6, 2016 The food court at Tesco should see an increase in profit. Link to comment Share on other sites More sharing options...
SoiBiker Posted July 6, 2016 Share Posted July 6, 2016 After comparing many of the western worlds currencies, I'm actually glad to have GBP. It looks like everyone else has been doing much worse on their currency exchange rates in the past 7 years. Only the USA is up ....... and their turn will come. Buy USD, I think not, looks like their turn is next. Some top-notch denial there. Bravo. Stiff upper lip and all that, eh? Link to comment Share on other sites More sharing options...
amykat Posted July 6, 2016 Share Posted July 6, 2016 After comparing many of the western worlds currencies, I'm actually glad to have GBP. It looks like everyone else has been doing much worse on their currency exchange rates in the past 7 years. Only the USA is up ....... and their turn will come. Buy USD, I think not, looks like their turn is next. Some top-notch denial there. Bravo. Stiff upper lip and all that, eh? Yes, and to remind some people who maybe don't remember ... the USD had it's turn already some years ago when the other currencies were at record highs. Link to comment Share on other sites More sharing options...
MissAndry Posted July 6, 2016 Share Posted July 6, 2016 (edited) The food court at Tesco should see an increase in profit. I'm in Thailand, 7-11 do quite a nice microwave chicken spaghetti Bolognese with sliced sausage for 37bht. Back in London, Tesco Indian Kitchen have a great chicken korma with pilau rice for 2.00 (1oobht) Edited July 6, 2016 by MissAndry Link to comment Share on other sites More sharing options...
Chapelroad Posted July 6, 2016 Share Posted July 6, 2016 Guess they will do what they did 3 years ago when it was a bit lower, or as a friend of mine who has been here a while says "anything over 38 is a bonus". Yes, in 1991 38 was standard. In 1997 I got 92 ! Link to comment Share on other sites More sharing options...
thaibeachlovers Posted July 6, 2016 Share Posted July 6, 2016 Rubbish. I remember not so long ago it was lower than that. Link to comment Share on other sites More sharing options...
Eclipse Posted July 6, 2016 Share Posted July 6, 2016 (edited) Bit of a stupid question. Anyone who has had their income slashed with the probability that it will drop a lot more will find their life has changed quite a lot. Many retirees will now find that their pension will not be enough for their annual extension at immigration. Maybe resulting in a lot more overstayers. Edited July 6, 2016 by Eclipse Link to comment Share on other sites More sharing options...
SoiBiker Posted July 6, 2016 Share Posted July 6, 2016 The food court at Tesco should see an increase in profit.I'm in Thailand, 7-11 do quite a nice microwave chicken spaghetti Bolognese with sliced sausage for 37bht.Back in London, Tesco Indian Kitchen have a great chicken korma with pilau rice for 2.00 (1oobht) Living the dream, eh? Link to comment Share on other sites More sharing options...
JHolmesJr Posted July 6, 2016 Share Posted July 6, 2016 One or two beers less while on the piss. One less barfine per week Is this real hardship? Link to comment Share on other sites More sharing options...
MissAndry Posted July 6, 2016 Share Posted July 6, 2016 The food court at Tesco should see an increase in profit.I'm in Thailand, 7-11 do quite a nice microwave chicken spaghetti Bolognese with sliced sausage for 37bht. Back in London, Tesco Indian Kitchen have a great chicken korma with pilau rice for 2.00 (1oobht) Living the dream, eh? Cooked a roast chicken dinner yesterday, and pizza today, but living alone it's handy to have a microwave dinner around now and then. Link to comment Share on other sites More sharing options...
Chapelroad Posted July 6, 2016 Share Posted July 6, 2016 Rubbish. I remember not so long ago it was lower than that. Lower than 38 ? Link to comment Share on other sites More sharing options...
SoiBiker Posted July 6, 2016 Share Posted July 6, 2016 Rubbish. I remember not so long ago it was lower than that. Not for a decade at least. Link to comment Share on other sites More sharing options...
Naam Posted July 6, 2016 Share Posted July 6, 2016 The food court at Tesco should see an increase in profit. I'm in Thailand, 7-11 do quite a nice microwave chicken spaghetti Bolognese with sliced sausage for 37bht. Back in London, Tesco Indian Kitchen have a great chicken korma with pilau rice for 2.00 (1oobht) some people have all the luck. i wish i had also enough money to eat delicious food in an exclusive ambience. Link to comment Share on other sites More sharing options...
Deepinthailand Posted July 6, 2016 Share Posted July 6, 2016 Bit of a stupid question. Anyone who has had their income slashed with the probability that it will drop a lot more will find their life has changed quite a lot. Many retirees will now find that their pension will not be enough for their annual extension at immigration. Maybe resulting in a lot more overstayers. Why overstayers if in the short term money's tight border runs and SETV from close countries untill the pound picks up for based on retirement and based on marriage easy hop over to Laos for non o based on. Simple really but I'm in the £ will return within a few months. Link to comment Share on other sites More sharing options...
Eclipse Posted July 6, 2016 Share Posted July 6, 2016 Bit of a stupid question. Anyone who has had their income slashed with the probability that it will drop a lot more will find their life has changed quite a lot. Many retirees will now find that their pension will not be enough for their annual extension at immigration. Maybe resulting in a lot more overstayers. Why overstayers if in the short term money's tight border runs and SETV from close countries untill the pound picks up for based on retirement and based on marriage easy hop over to Laos for non o based on. Simple really but I'm in the £ will return within a few months. I hope you are correct about sterling but it ain't looking good. Cuts in interest rates are coming soon. Link to comment Share on other sites More sharing options...
robblok Posted July 6, 2016 Share Posted July 6, 2016 Bit of a stupid question. Anyone who has had their income slashed with the probability that it will drop a lot more will find their life has changed quite a lot. Many retirees will now find that their pension will not be enough for their annual extension at immigration. Maybe resulting in a lot more overstayers. Why overstayers if in the short term money's tight border runs and SETV from close countries untill the pound picks up for based on retirement and based on marriage easy hop over to Laos for non o based on. Simple really but I'm in the £ will return within a few months. I hope you are correct about sterling but it ain't looking good. Cuts in interest rates are coming soon. Its the price of freedom, and people thinking the sterling will turn around are optimist. The economy in the UK will suffer and as a result the GBP will suffer. The only way the GBP will turn around is when the UK economy will turn around and with the Brexit that is not the case. I wonder how many of the expats that were so vocal about Brexit to get out are now less than happy. I hope for you guys that it will turn around but it does not look good. Link to comment Share on other sites More sharing options...
Deepinthailand Posted July 6, 2016 Share Posted July 6, 2016 Bit of a stupid question. Anyone who has had their income slashed with the probability that it will drop a lot more will find their life has changed quite a lot. Many retirees will now find that their pension will not be enough for their annual extension at immigration. Maybe resulting in a lot more overstayers. Why overstayers if in the short term money's tight border runs and SETV from close countries untill the pound picks up for based on retirement and based on marriage easy hop over to Laos for non o based on. Simple really but I'm in the £ will return within a few months.I hope you are correct about sterling but it ain't looking good.Cuts in interest rates are coming soon. Which for me and my siblings back home is great news. Link to comment Share on other sites More sharing options...
SoiBiker Posted July 6, 2016 Share Posted July 6, 2016 They messed the bed. Let them lie in it. Link to comment Share on other sites More sharing options...
Deepinthailand Posted July 6, 2016 Share Posted July 6, 2016 Bit of a stupid question. Anyone who has had their income slashed with the probability that it will drop a lot more will find their life has changed quite a lot. Many retirees will now find that their pension will not be enough for their annual extension at immigration. Maybe resulting in a lot more overstayers. Why overstayers if in the short term money's tight border runs and SETV from close countries untill the pound picks up for based on retirement and based on marriage easy hop over to Laos for non o based on. Simple really but I'm in the £ will return within a few months.I hope you are correct about sterling but it ain't looking good.Cuts in interest rates are coming soon. Its the price of freedom, and people thinking the sterling will turn around are optimist. The economy in the UK will suffer and as a result the GBP will suffer. The only way the GBP will turn around is when the UK economy will turn around and with the Brexit that is not the case. I wonder how many of the expats that were so vocal about Brexit to get out are now less than happy. I hope for you guys that it will turn around but it does not look good. Not me happy were leaving the EU. Said all along the £ would drop made plans for that. Share prices already back and better free trade partners lining up for us. 6 to 9 months all will be back to what we call normal Link to comment Share on other sites More sharing options...
Caps Posted July 6, 2016 Share Posted July 6, 2016 I transferred my military pension the other day from my HSBC account and it was 44.71 THB to the Pound Link to comment Share on other sites More sharing options...
thai3 Posted July 6, 2016 Share Posted July 6, 2016 Rubbish. I remember not so long ago it was lower than that. when was that 1935? Link to comment Share on other sites More sharing options...
Slip Posted July 6, 2016 Share Posted July 6, 2016 Meanwhile, for those who earn Thai baht, this is a happy time for now. I have seen more than one facebook post practically exhorting people to buy sterling for the benefit of their finances. Link to comment Share on other sites More sharing options...
Deepinthailand Posted July 6, 2016 Share Posted July 6, 2016 I transferred my military pension the other day from my HSBC account and it was 44.71 THB to the Pound That's always the problem banks tend to give lower rates pity you have no other way of getting the cash to you, then changing it here. Link to comment Share on other sites More sharing options...
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