Gary A Posted December 18, 2006 Share Posted December 18, 2006 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. Link to comment Share on other sites More sharing options...
lingling Posted December 18, 2006 Share Posted December 18, 2006 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 Link to comment Share on other sites More sharing options...
britmaveric Posted December 18, 2006 Share Posted December 18, 2006 (edited) Dumping thai bht would be the logical answer. As for why who knows??? Edited December 18, 2006 by britmaveric Link to comment Share on other sites More sharing options...
alexth Posted December 18, 2006 Share Posted December 18, 2006 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 Link to comment Share on other sites More sharing options...
johnnyk Posted December 18, 2006 Share Posted December 18, 2006 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 Link to comment Share on other sites More sharing options...
kokothemonkey Posted December 18, 2006 Share Posted December 18, 2006 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 Link to comment Share on other sites More sharing options...
endure Posted December 18, 2006 Share Posted December 18, 2006 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 Link to comment Share on other sites More sharing options...
pumpuiman Posted December 18, 2006 Share Posted December 18, 2006 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!! Link to comment Share on other sites More sharing options...
alexth Posted December 18, 2006 Share Posted December 18, 2006 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 Link to comment Share on other sites More sharing options...
britmaveric Posted December 18, 2006 Share Posted December 18, 2006 Well over speculation can cause disaster, so good news that they are putting a bit of control over their currency. Link to comment Share on other sites More sharing options...
alexth Posted December 18, 2006 Share Posted December 18, 2006 Well over speculation can cause disaster, so good news that they are putting a bit of control over their currency. Control??? This is robbery... Link to comment Share on other sites More sharing options...
britmaveric Posted December 18, 2006 Share Posted December 18, 2006 (edited) Currency traders are their targets. I seriously doubt this will affect normal people. Edited December 18, 2006 by britmaveric Link to comment Share on other sites More sharing options...
wasabi Posted December 18, 2006 Share Posted December 18, 2006 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) Link to comment Share on other sites More sharing options...
My Friend Same Posted December 19, 2006 Share Posted December 19, 2006 35.50 right now as cooler heads prevail. Link to comment Share on other sites More sharing options...
dave111223 Posted December 19, 2006 Share Posted December 19, 2006 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. Link to comment Share on other sites More sharing options...
backflip Posted December 19, 2006 Share Posted December 19, 2006 topfield can hardly contain himself. Link to comment Share on other sites More sharing options...
Soju Posted December 20, 2006 Share Posted December 20, 2006 topfield can hardly contain himself. Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now