Thai currency continues upward trend

**DrAndy** · 13-11-2010, 07:44 AM

looks like it

I recently changed $20K and got B650k, so not too bad

**Thetyim** · 13-11-2010, 08:43 AM

Originally Posted by chitown

32 baht to the dollar

Your link has the exchange rates dated June 2010

Try this link
ÍÑµÃÒáÅ¡à»ÅÕèÂ¹ ¸¹Ò¤ÒÃä·Â¾Ò³ÔªÂì - SCB Currency Exchange Rates

**Butterfly** · 13-11-2010, 08:49 AM

DrA was trolling, and chitown is too dumb to figure it out

**chitown** · 13-11-2010, 10:04 AM

Originally Posted by Butterfly

DrA was trolling, and chitown is too dumb to figure it out

I never even read a post by Dr. A, so go back to lady boy chasing. It is more your forte than deciphering a thread and who is responding to who. The link was from Norts you dumb Frenchie poove.

**phomsanuk** · 20-11-2010, 01:45 PM

Todd Elmer at Citigroup said he would sell the dollar on the back of the speech .[Bernanke]
“It’s hard enough to stop a central bank from weakening its currency when it is cutting [interest] rates, but when it is willing to print money to do so, and feels other countries are unjustifiably intervening, it looks very much as if they see a weaker currency, if not as the sole target of monetary policy, then something that is natural, if not inevitable,” he said.

They have to put the money somewhere.

**socal** · 21-11-2010, 01:41 AM

Originally Posted by phomsanuk

Todd Elmer at Citigroup said he would sell the dollar on the back of the speech .[Bernanke]
“It’s hard enough to stop a central bank from weakening its currency when it is cutting [interest] rates, but when it is willing to print money to do so, and feels other countries are unjustifiably intervening, it looks very much as if they see a weaker currency, if not as the sole target of monetary policy, then something that is natural, if not inevitable,” he said.

They have to put the money somewhere.

The baht is not necessarily getting stronger, the dollar is just getting weaker. Americans are losing purchasing power, Asians are gaining it.

**Mid** · 23-11-2010, 04:24 PM

Nov 23 (Reuters) - Prime Minister Abhisit Vejjajiva told reporters on Tuesday:

* Sees little impact on the economy if the baht/dollar rate stays at 29-30 next year

* Baht THB=TH was at 30.06 per dollar at 0843 GMT after rising 10.8 percent this year.

BRIEF-Thai PM sees little impact from baht levels | Reuters

**Norton** · 23-11-2010, 05:02 PM

Now for the ripple effect. Even the darkest clouds have a silver lining.

"Thailand’s baht declined by the most in six weeks after North and South Korea exchanged artillery fire, boosting demand for the relative safety of the dollar."

"All major currencies in Asia weakened versus the dollar today, led by the South Korean won and Malaysia’s ringgit. The baht touched the weakest level in almost seven weeks also as Ireland’s fiscal problems spurred investors to reduce demand for higher-yielding emerging-market assets."

Baht Falls Most in Six Weeks as Korea Shelling Bolsters Dollar - BusinessWeek

Nostradamus · 23-11-2010, 09:04 PM

Bonus. Bring on megadeath if it means the Baht weakening.

**socal** · 24-11-2010, 01:26 PM

Originally Posted by Norton

Now for the ripple effect. Even the darkest clouds have a silver lining.

"Thailand’s baht declined by the most in six weeks after North and South Korea exchanged artillery fire, boosting demand for the relative safety of the dollar."

"All major currencies in Asia weakened versus the dollar today, led by the South Korean won and Malaysia’s ringgit. The baht touched the weakest level in almost seven weeks also as Ireland’s fiscal problems spurred investors to reduce demand for higher-yielding emerging-market assets."

Baht Falls Most in Six Weeks as Korea Shelling Bolsters Dollar - BusinessWeek

A one off news event like this is not going to change the long term trend.

safety of the dollar.

The biggest bubble in history right there, that is yet to pop. The south sea bubble, tulip mania, Nasdaq stocks, real estate, and now the US dollar.

The dollar will always be a safe haven right ? Just like Real estate would always go up.....yeah....

**BobR** · 24-11-2010, 01:33 PM

Originally Posted by socal

Originally Posted by Norton

Now for the ripple effect. Even the darkest clouds have a silver lining.

"Thailand’s baht declined by the most in six weeks after North and South Korea exchanged artillery fire, boosting demand for the relative safety of the dollar."

"All major currencies in Asia weakened versus the dollar today, led by the South Korean won and Malaysia’s ringgit. The baht touched the weakest level in almost seven weeks also as Ireland’s fiscal problems spurred investors to reduce demand for higher-yielding emerging-market assets."

Baht Falls Most in Six Weeks as Korea Shelling Bolsters Dollar - BusinessWeek

A one off news event like this is not going to change the long term trend.

safety of the dollar.

The biggest bubble in history right there, that is yet to pop. The south sea bubble, tulip mania, Nasdaq stocks, real estate, and now the US dollar.

The dollar will always be a safe haven right ? Just like Real estate would always go up.....yeah....

Yes, it's incredibly stupid, but since my pension is in dollars, I like it.

**The Bold Rodney** · 24-11-2010, 01:34 PM

Originally Posted by socal

The dollar will always be a safe haven right ? Just like Real estate would always go up.....yeah....

It's gold, gold, gold, gold, gold, gold, gold, gold... everyone standby for yet another a rivetting economic lesson from "social" on world currenciesssssssssssss"

**socal** · 24-11-2010, 01:36 PM

Originally Posted by Nostradamus

Bonus. Bring on megadeath if it means the Baht weakening.

That depends on what currency you earn. The baht has not got that much stronger priced in Swiss Francs or Aussy, Sing or Cad dollars.

If you earn Aussy dollars and the baht weakens because of dollar strength, chances are that the Aussy dollar weakened just as much which gains you nothing. You would incur a loss because commodities priced in US dollars(jet fuel) that you have to pay for in Aus would have went up.

**socal** · 24-11-2010, 01:50 PM

Originally Posted by The Bold Rodney

Originally Posted by socal

The dollar will always be a safe haven right ? Just like Real estate would always go up.....yeah....

It's gold, gold, gold, gold, gold, gold, gold, gold... everyone standby for yet another a rivetting economic lesson from "social" on world currenciesssssssssssss"

funny that, I limited the amount of times I mention gold because everyone hates it so much (not the sentiment of an asset bubble

, pay attention butterfly) but then you go off on gold anyway.

**socal** · 24-11-2010, 01:55 PM

Originally Posted by BobR

Originally Posted by socal

Originally Posted by Norton

Now for the ripple effect. Even the darkest clouds have a silver lining.

"Thailand’s baht declined by the most in six weeks after North and South Korea exchanged artillery fire, boosting demand for the relative safety of the dollar."

"All major currencies in Asia weakened versus the dollar today, led by the South Korean won and Malaysia’s ringgit. The baht touched the weakest level in almost seven weeks also as Ireland’s fiscal problems spurred investors to reduce demand for higher-yielding emerging-market assets."

Baht Falls Most in Six Weeks as Korea Shelling Bolsters Dollar - BusinessWeek

A one off news event like this is not going to change the long term trend.

safety of the dollar.

The biggest bubble in history right there, that is yet to pop. The south sea bubble, tulip mania, Nasdaq stocks, real estate, and now the US dollar.

The dollar will always be a safe haven right ? Just like Real estate would always go up.....yeah....

Yes, it's incredibly stupid, but since my pension is in dollars, I like it.

You get it.

There is some options out there to diversify at least some of your dollar positions.

**Butterfly** · 24-11-2010, 02:25 PM

you should visit small investors forums socal, like yourself, they are all in Gold, it's quite scary. No doubt they are putting all their savings into it like you do

anyone tried Commodity-link Notes ? quite nice, principal is guaranteed but the "coupon" is linked to a Gold index, therefore you can have returns of 10% and more with the safety of the principal. The downside is that if Gold underperform, you only get 0.5% on your money.

**Thormaturge** · 22-12-2010, 06:22 AM

TMB had Sterling at ThB 45.54 yesterday. It is heading for ThB 40 quicker than I expected...

I'm of the opinion that the Swiss Franc may well soar when the Euro collapses.

**backinpd2007** · 28-04-2011, 05:29 AM

2 questions for TD here,
Could somebody please update the currency converter, still showing conversion rates from July 2010?
and secondly, any predictions on how long the Australian dollar can maintain its upward surge, and a likely end rate for Aus/Thai conversion?
All crystal ball stuff, but.........

**koman** · 28-04-2011, 07:24 PM

Originally Posted by backinpd2007

2 questions for TD here,
Could somebody please update the currency converter, still showing conversion rates from July 2010?
and secondly, any predictions on how long the Australian dollar can maintain its upward surge, and a likely end rate for Aus/Thai conversion?
All crystal ball stuff, but.........

Try XE.com It updates every 15 minutes.

As for predicting the duration of the $Aus surge and what it's peak value will be.....
If I could predict things like that, I'd be incredibly wealthy...

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