Dollar/baht

[Gary A]

The dollar/baht exchange rate has gone from 35.150 this morning to 35.925 right now. That's the biggest move either way I have seen for a long time.

[lingling]

The dollar/baht exchange rate has gone from 35.150 this morning to 35.925 right now. That's the biggest move either way I have seen for a long time.

See this thread:

http://www.thaivisa.com/forum/index.php?showtopic=97415

[britmaveric]

Dumping thai bht would be the logical answer. As for why who knows???

Edited December 18, 2006 by britmaveric

[alexth]

Boy I'm happy I saved eveything I made in the past 2 years in euros. If I could hug myself, I'd really do it

[johnnyk]

Boy I'm happy I saved eveything I made in the past 2 years in euros. If I could hug myself, I'd really do it

For 20 euros you can find someone to do it for you

[kokothemonkey]

Its happening because of the lockup of foreign funds. Basically your funds will be held hostage while they devalue the baht to protect the locals and the junta gives itslef a raise.

Thailand acts to aid its currency

http://www.iht.com/articles/2006/12/18/business/baht.php

[endure]

Boy I'm happy I saved eveything I made in the past 2 years in euros. If I could hug myself, I'd really do it

For 20 euros you can find someone to do it for you

[pumpuiman]

Yahoo!! I've got one more house payment to send from the U.S. I've been watching with horror the baht strengthen daily, thank you Thailand, for putting on the brakes!!

[alexth]

Boy I'm happy I saved eveything I made in the past 2 years in euros. If I could hug myself, I'd really do it

For 20 euros you can find someone to do it for you

Would you do it? Just kidding, I've managed to kiss myself in the mirror

[britmaveric]

Well over speculation can cause disaster, so good news that they are putting a bit of control over their currency.

[alexth]

Well over speculation can cause disaster, so good news that they are putting a bit of control over their currency.

Control??? This is robbery...

[britmaveric]

Currency traders are their targets. I seriously doubt this will affect normal people.

Edited December 18, 2006 by britmaveric

[wasabi]

Well over speculation can cause disaster, so good news that they are putting a bit of control over their currency.

Control??? This is robbery...

Only in the sense of Robin Hood, taking from the rich (not me) and helping the poor (me)

[My Friend Same]

35.50 right now as cooler heads prevail.

[dave111223]

I'm hoping this will actually produce the desired affect of the Baht weakening. I'd like to see it back up to 40 per USD.

[backflip]

topfield can hardly contain himself.

[Soju]

topfield can hardly contain himself.