The Thailand expat forum for Travel, Lifestyle and Fun.

Mid · 06-06-2009, 06:37 PM

Baht too strong says chamber
2/06/2009

The baht is currently too strong at 34 to the US dollar and the Bank of Thailand should step in to stabilise it at a realistic rate, Archava Taolanond, honorary chairman of the Thai Chamber of Commerce, said on Tuesday.

Mr Archava suggested the central bank maintain the currency at a suitable rate of 37 baht the US dollar.

That would give the export sector a much needed boost.

Asked about the government’s policy to replace price-pledging for agricultural products with a price insurance system, Mr Archava said it was a good idea because it would free up budget funding for other projects.

He stressed, however, that any price insurance scheme must be totally transparent and free of corruption.

bangkokpost.com

Quote:

He stressed, however, that any price insurance scheme must be totally transparent and free of corruption.

pssst Mr Archava

Bridge ????

jandajoy · 06-06-2009, 06:41 PM

Quote:

Originally Posted by Mid

The baht is currently too strong

I agree..... OH GOD do I agree

TSR2 · 06-06-2009, 06:47 PM

Quote:

Originally Posted by jandajoy

OH GOD do I agree

Request granted JJ

jandajoy · 06-06-2009, 06:52 PM

Quote:

Originally Posted by TSR2

Request granted JJ

Grasias amigo.

Just make it 30 to the Aus $ and I'm yours.

blackgang · 06-06-2009, 06:52 PM

They pobly will do it Monday so I will have taken another shot in the ass, I did my monthly transfer today at 34.07=$1..

TSR2 · 06-06-2009, 07:01 PM

Quote:

Originally Posted by jandajoy

and I'm yours.

ah!!! on 2nd thoughts

jandajoy · 06-06-2009, 07:12 PM

Quote:

Originally Posted by TSR2

ah!!! on 2nd thoughts

gently but........

britmaveric · 06-06-2009, 07:13 PM

42-44bht per $ would be ideal.

jandajoy · 06-06-2009, 08:34 PM

Quote:

Originally Posted by britmaveric

42-44bht per $ would be ideal.

swooon, first flight home. Yikkkeyeeeha haay

Rural Surin · 06-06-2009, 09:35 PM

Quote:

Originally Posted by britmaveric

42-44bht per $ would be ideal.

Well, if we're going to that route - why not 47bht? Like the good old days.

SEA Traveler · 07-06-2009, 12:17 AM

Quote:

Originally Posted by Rural Surin

Quote:

Originally Posted by britmaveric

42-44bht per $ would be ideal.

Well, if we're going to that route - why not 47bht? Like the good old days.

As I recall it was up to about 53-54 for a short time back in Nov 2007. I had more than doubleded since 6 months earlier in May 2007. Hog heaven...

blackgang · 07-06-2009, 12:37 PM

Quote:

Originally Posted by SEA Traveler

As I recall it was up to about 53-54 for a short time back in Nov 2007.

53-54=$1 US???,,,Damn I must have slept thru that period

spliff · 07-06-2009, 12:39 PM

45- 1$..ok.

blackgang · 07-06-2009, 12:55 PM

Quote:

Originally Posted by spliff

45- 1$..ok.

I don't remember it being over 35=$1 in Nov. 2007, but could have been tho.

spliff · 07-06-2009, 01:08 PM

It's been.

blackgang · 07-06-2009, 05:21 PM

Link to 53 baht=$1 US. please

Skettios · 07-06-2009, 05:24 PM

Yeah right. These guys are full of it. I don't think markets will like it if they play god with exchange rate.

britmaveric · 07-06-2009, 06:22 PM

^Well simple do what they did a while back - set their own rate and pegged it.

Panda · 07-06-2009, 06:59 PM

2007 - Thai Bahts to 1 USD</B> (invert)

Average RatesJanuary35.2587 THB (23 days average)February33.8545 THB (20 days average)March32.6423 THB (22 days average)April32.421 THB (21 days average)May32.8061 THB (23 days average)June32.3176 THB (21 days average)July30.4464 THB (22 days average)August31.7961 THB (23 days average)September32.0565 THB (20 days average)October31.5248 THB (23 days average)November31.3545 THB (22 days average)December30.1576 THB (21 days average)
Monthly Average Graph (Thai Baht, American Dollar) 2007

change target currency by clicking on list at right

2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
graph : 30 days | 120 days | monthly average
use American Dollar as target currency

blackgang · 07-06-2009, 07:14 PM

OK, so no one else except one guy has seen the Baht at 53-54, ever in Thailand.
Just as I remember, best I ever got was 47=$1 US.

07-06-2009, 06:59 PM	#19 (permalink)
Panda Thailand Travel Forum Last Online: Yesterday 04:30 PM Join Date: Jul 2007 Posts: 5,696	2007 - Thai Bahts to 1 USD</B> (invert)Average RatesJanuary35.2587 THB (23 days average)February33.8545 THB (20 days average)March32.6423 THB (22 days average)April32.421 THB (21 days average)May32.8061 THB (23 days average)June32.3176 THB (21 days average)July30.4464 THB (22 days average)August31.7961 THB (23 days average)September32.0565 THB (20 days average)October31.5248 THB (23 days average)November31.3545 THB (22 days average)December30.1576 THB (21 days average) Monthly Average Graph (Thai Baht, American Dollar) 2007 change target currency by clicking on list at right 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 graph : 30 days \| 120 days \| monthly average use American Dollar as target currency

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

06-06-2009, 06:52 PM	#5 (permalink)
blackgang Senior Member Last Online: Today 03:06 PM Join Date: Dec 2006 Location: Phetchabun city Posts: 15,553	They pobly will do it Monday so I will have taken another shot in the ass, I did my monthly transfer today at 34.07=$1..

06-06-2009, 07:13 PM	#8 (permalink)
britmaveric nid aur yw popeth melyn Join Date: Mar 2006 Location: Pattaya Posts: 4,147	42-44bht per $ would be ideal.

07-06-2009, 12:39 PM	#13 (permalink)
spliff Kap Choeng Last Online: Today 07:42 AM Join Date: Jan 2006 Location: Khon Kaen Posts: 504	45- 1$..ok.

07-06-2009, 01:08 PM	#15 (permalink)
spliff Kap Choeng Last Online: Today 07:42 AM Join Date: Jan 2006 Location: Khon Kaen Posts: 504	It's been.

07-06-2009, 05:21 PM	#16 (permalink)
blackgang Senior Member Last Online: Today 03:06 PM Join Date: Dec 2006 Location: Phetchabun city Posts: 15,553	Link to 53 baht=$1 US. please

07-06-2009, 05:24 PM	#17 (permalink)
Skettios Ayutthaya Last Online: 31-08-2009 08:33 PM Join Date: Jul 2008 Posts: 103	Yeah right. These guys are full of it. I don't think markets will like it if they play god with exchange rate.

07-06-2009, 06:22 PM	#18 (permalink)
britmaveric nid aur yw popeth melyn Join Date: Mar 2006 Location: Pattaya Posts: 4,147	^Well simple do what they did a while back - set their own rate and pegged it.

07-06-2009, 07:14 PM	#20 (permalink)
blackgang Senior Member Last Online: Today 03:06 PM Join Date: Dec 2006 Location: Phetchabun city Posts: 15,553	OK, so no one else except one guy has seen the Baht at 53-54, ever in Thailand. Just as I remember, best I ever got was 47=$1 US.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)