56 baht to the GBP ....i'm sorry, excuse me???

**TSR2** · 14-10-2008, 07:31 AM

Originally Posted by EmperorTud

It's always nice to see the opinion of illiterate English bigots on Teak Door.

Well Mr Tud illiterate I am not, Scottish I am (Dundee) do you always make stupid assumptions , suppose you must do! you obviously know nothing about economics
The thread concerned the exchange rate of the pound ie why it was low compared to other currencies, if you had bothered to read the rest of my post you would have noticed my comment about the Money men, they have decided that the UK economy is in a worst state than the rest of the major economies, because of Labours and particularily Browns mishandling , If the uk economy was par with the others the exchange rate would be status quo with the rest ( as it was 1/2 months ago) the very fact that it is not demonstrates this, I am not the only observer who thinks that Brown is responsible! many leading specialists think this also,
I don,t like presbyterians, dour miserable people

pompeybloke · 14-10-2008, 08:13 AM

61 drop to 56 in 3 days- hell of a drop. Pound 1 on 1 with the euro too. Economic carnage it is. Got to blame Scotland. Blair the sweaty wannabe with a gay accent and 'I'm a twat' Brown, his twitching successor.

Anway, is the pound going to recover a bit soon? I've got this transcation in the pipeline, ponds to baht that I still have time to cancel if swift action is taken...what to do?

**Sparky** · 14-10-2008, 08:33 AM

Originally Posted by TSR2

Originally Posted by thehighlander959

Hey TSR I take it you are from south of Gods

Sorry born in Dundee, Jimmy

Not another Ginger haired tosser .

**EmperorTud** · 14-10-2008, 09:02 AM

Originally Posted by TSR2

I don,t like presbyterians, dour miserable people

I got the bigot bit right then.

Originally Posted by pompeybloke

Blair the sweaty wannabe

He sees himself as wholly English, despite being born and educated in Scotland. Thank the Lord.

Both himself and Broon are traitors to the country and I would have them shot tomorrow if I had anything to do with it.

Thankfully Scotland will soon be independent and little Englanders like B-liar and Broon can live down there with the Caribbean drug gangs stabbing each other and the militant Muslims.

pompeybloke · 14-10-2008, 09:29 AM

^ OK, now I understand..B-liar

developed his girlie style of speech to fully integrate himself as an Englishman and convincing it is too; ta for that bit of enlightenment.

So what's going to happen with this 56 baht issue? Will the pound recover a bit soon d'ya think? what d'ya reckon?

**Butterfly** · 14-10-2008, 10:05 AM

About time the UK pay for their American style of economics, they should have followed France socialist school of economics instead, they would be in better shape now

**buriramboy** · 14-10-2008, 10:07 AM

Originally Posted by Butterfly

About time the UK pay for their American style of economics, they should have followed France socialist school of economics instead, they would be in better shape now

pompeybloke · 14-10-2008, 10:24 AM

^ So what about this 56 baht business? Pound going to recover a bit soon, or not? What d'ya reckon?

So B-liar worked on his girly style of speech to convince us of his Englishness Tud?

**melvbot** · 14-10-2008, 10:34 AM

BKK banks rates today are

58.30 Buying 60.21 selling.

It all depends whos handling the money. I havent had lower than 58 over the past week or so through the Nationwide.

**TSR2** · 14-10-2008, 10:47 AM

Originally Posted by pompeybloke

So what about this 56 baht business? Pound going to recover a bit soon, or not? What d'ya reckon

No medium term maybe,like todays huge rise in the stock markets it may rise a little but the fundamental UK problems are still there! our manufacturing base is poor, re export ability but what we can manufacture for export providing its required should do well given the exchange rate, do not forget this credit crises is only just starting to unravel, house prices world wide will drop 30%+ over next 2 years ,there may be credit available but it will be retricted to those who can afford it, many people are going to be out of work so less revenue for the state and to spend in the high St, Todays hike in share prices is an illusion, oh it,s real if you look at jump, that,s just investors acting off their prayer mat,s , it does not resemble the truth behind all of this, Only hope for ExPats is that the Baht falls to a more realistic level

NB I cashed my Equities 4 weeks ago against the advice of my Advisor, if not I would have lost 8 million Baht

**gjbkk** · 14-10-2008, 02:32 PM

United States
usd

SB 34.0574

TT 34.1541

ASR 34.4043

United Kingdomg
bp

SB 58.0129

TT 58.1737

ASR 58.9797

Euro
eur

SB 46.0697

TT 46.1912

ASR 46.8429

With both Thai fighting Thai and Talk of war between Thailand and Cambodia plust the war of words between Ant and Tud you would have thought the Baht would have plumeted

**meepho** · 14-10-2008, 04:12 PM

i would think the pound should be stronger,
BUT

when the world looks at good old britain and sees we have injected 37bln sterling into our banking system and only last year we paid out 17bln in bonuses to the very same paople who got us into this mess it does not exactly instill any sense of confidence in our banking and monetory systems.
do we deserve a strong and stable pound?

source daily mail

**klongmaster** · 14-10-2008, 04:54 PM

They were offering 58 baht this morning in the casino in Poipet so would expect the banks to do better than that...

**donald36** · 14-10-2008, 06:33 PM

Uk banks predict weaker sterling and a stronger dollar---Friend of mine was told 55 to the pound by Christmas and 50 next year ---seems Christmas has come early

**benlovesnuk** · 16-10-2008, 01:01 PM

so transferring money GBP to dollars at a peak of exchange will be better in the long run, until early next year........maybe

if you can get upwards of 1.85 for instance if we take this as our min, and we exchange to dollars then do this exchange onshore at 34 dollars to the badt we get 62.5 exchange rate. a long way around you need banks setup for this but better than 57 at the moment........................imo

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