sfokevin Posted January 1, 2007 Share Posted January 1, 2007 In the last few days the yahoo daily graph shows the baht rising and falling by almost a bath/$ within less than an hour - almost like a tug of war?... I wonder if the BOT is causing it? http://finance.yahoo.com/charts#chart1:sym...ource=undefined Link to comment Share on other sites More sharing options...
topfield Posted January 1, 2007 Share Posted January 1, 2007 In the last few days the yahoo daily graph shows the baht rising and falling by almost a bath/$ within less than an hour - almost like a tug of war?... I wonder if the BOT is causing it?http://finance.yahoo.com/charts#chart1:sym...ource=undefined Yes,seems like that. Checked the rate after the bombs went off and amazingly the baht had strengthened not weakened despite the implications for tourism. As most dealing in the offshore baht takes place in Singapore , the answer seems to be to get hold of one of the dealers there such as Jimmy Koh who is a baht specialist and ask him when he gets back to his desk tomorrow. Link to comment Share on other sites More sharing options...
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