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

**benlovesnuk** · 12-10-2008, 08:37 PM

what a shock at the bank, there is nothing more i can add, apart from fuuuuuuuuuu[at]##[at]$#$#[at]$!!!!!!!!!!!!!

lets hope that the crash happens now, now now now

i see the dollar still doing okay............

**ChiangMai noon** · 12-10-2008, 08:38 PM

this is good news for me.

i'm paying back a loan from baht to pound....think i'll pay back as much as i can afford early...

pompeybloke · 12-10-2008, 08:46 PM

This is shite news for me. Just ordered a large (for me) transfer from UK to here thinking it' been hovering sround 61 for a while and now I read this!!!! WTF!!!

Gonna cancel now by fax. What's going on? Overnight almost 5% bhat appreciation when shite's happening here!!

**benlovesnuk** · 12-10-2008, 08:46 PM

you lucky devil, there is a certain worry to what might happen next, so now is probably better then later!

I cant see it going much further down(he says fingers crossed

), we are about to hit the start of high season with an already weak tourism problem due to the riots a weak exchange could prove to be a moving point, if not certainly soon i hope the effects of this will be to our benefit with a high turn around in the new year!!!!

other wise fuuuuu^&^#^$%^%^[at]#$$[at]#$[at]

**benlovesnuk** · 12-10-2008, 08:47 PM

i would check with your own banks at what conversion
before you make any cancellation!!!!!!!!! there could be a special rate but i would certainly check!!!!!!!!

**dirtydog** · 12-10-2008, 08:48 PM

Can only hope that it hits 35baht to the pound again for a while

**jandajoy** · 12-10-2008, 08:51 PM

Do Nothing !!!!!

**benlovesnuk** · 12-10-2008, 08:51 PM

all is not lost depending on the home conversion from GBP to US, if this is say high like 1.9 or above to the pound then you could convert to dollar and then again in thailand to badt, with the exchange around 34 this is at least over 61-2 + by conversion!!!!!!!

**benlovesnuk** · 12-10-2008, 08:53 PM

of course the dollar isnt but its more likely to happen it seems then an onshore increase for the pound.......... (worry worry sweat sweat.....)

**The Gentleman Scamp** · 12-10-2008, 08:57 PM

Get your cash out of the UK!

**EmperorTud** · 12-10-2008, 08:59 PM

Aussie Dollar 22.12 this afternoon when I was in the bank and Pound 56.9.

It's gonna hurt Thai tourism and exports big time.

**benlovesnuk** · 12-10-2008, 09:00 PM

indeed but now not the best thing to do unless i want to lose it all through the exchange

**Mid** · 12-10-2008, 09:01 PM

baht is way over valued , Thailand is rapidly coming on par with Oz price wise but still supplies 3rd world infrastructure .

**dirtydog** · 12-10-2008, 09:01 PM

Originally Posted by EmperorTud

It's gonna hurt Thai tourism and exports big time.

Bolloxs is it, time to export baht and change it into hard currencies

**jandajoy** · 12-10-2008, 09:02 PM

Do Nothing.

**benlovesnuk** · 12-10-2008, 09:02 PM

apparently they are already hurt, they changed the thai tourism visa to allow more people in without checks, and yet with such a crappy exchange (and this is onshore rates as well) it looks like a bad season for business needed from tourism!!!!!!

**benlovesnuk** · 12-10-2008, 09:05 PM

possible tourists will see riots in bangkok, the exchange, and this red sea news and think f[at]#$#$# it im going to for a caravan/camping holiday this year.......

**Butterfly** · 12-10-2008, 09:11 PM

THB getting stronger, if you fuckers stop spending and importing shit from overseas, the THB will keep getting higher,

if you want it to crash, there needs to be more import !!!

**benlovesnuk** · 12-10-2008, 09:13 PM

import of what? british goods like

.........

**AntRobertson** · 12-10-2008, 09:14 PM

All I can say is thank fock I'm not being paid in GBP any longer! It was already starting to tell when it was in the mid-60's.

**britmaveric** · 12-10-2008, 09:16 PM

Baht is being propped up by the BOT - once they run out of dosh to do this - look for a sharp decline.

**benlovesnuk** · 12-10-2008, 09:16 PM

you had 40 years prior knowledge of this and didnt inform anyone i think thats a bit off ANT

**jandajoy** · 12-10-2008, 09:18 PM

Do Nothing

**benlovesnuk** · 12-10-2008, 09:20 PM

janda are you talking physically philosophically, rhetorically?????

please enlighten us..........

**AntRobertson** · 12-10-2008, 09:20 PM

Originally Posted by benlovesnuk

you had 40 years prior knowledge of this and didnt inform anyone i think thats a bit off ANT

Forty years!? I'm only 34 so that was obviously not enough time to warn people!

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