Thread: Why has the Baht gained overnight??

The Thai Baht has GAINED 11 baht overnight against the Euro. I thought it would go the other way!!

maybe the euro fell - the SGD and the AUD are up

Originally Posted by Khun Sabai

The Thai Baht has GAINED 11 baht overnight against the Euro. I thought it would go the other way!!

1.00 EUR

=

45.6607 THB

Euro Thailand Baht 1 EUR = 45.6607 THB 1 THB = 0.0219007 EUR



Has it...............??????????

I can remember it being 48 recently!

35.37 for the USD, everything is fine

must be my converter!

Originally Posted by Butterfly

35.37 for the USD, everything is fine

Bstards......

Originally Posted by Butterfly

35.37 for the USD, everything is fine

This is the first post you have ever made that brought a smile to my face!

cnuts.......................

Originally Posted by jandajoy

cnuts.......................

My thoughts exactly. But would you rather be American!

BP is getting better though 55, Euro is taking a long overdue dive

35.37 -- nice one day bounce.

The Aussie went up against the US but fell slightly against the baht. What the hell needs to happen for the baht to fall? The PAD announcing that the have nuclear weapons and will use them?

It's headed down...just give it a second.

Reports are that foreign investors are starting to pull their money. 1.5 billion baht in FI was pulled from the Thai stock market on Wednesday (the West's Wed) and will probably continue for a while.

Losses to the tourism industry are predicted to be over US$4 billion for the remainder of the year and Thai exports of fruit, flowers and manufacturing parts are all waiting for the PAD to get of their collectively stupid asses and let the country run again.

Have no fear. I feel the baht at 42 within the next few months.

Remember the US Stock Market has been closed for Thanks Giving and over the weekend. Check out the exchange rates come Monday night/Tuesday morning. I reckon christmas will have come early if all things go as their predicted.

Live rates at 2008.11.30 1044 UTC Notice: The THB rate shown below is the international rate.

Rates used within Thailand may vary.1.00 USD=35.6204 THB

United States Dollars Thailand Baht 1 USD = 35.6204 THB 1 THB = 0.0280738 USD

Trade Currencies. Click here!!

Go baby Go!

I heard the Thai govt is selling $USs and buying baht to maintain the currency value. It sure looks like that , but why on earth they would be doing this is beyond me. If its true they have to run out of $US sooner or later and the baht will drop through the floor.

Originally Posted by Loy Toy

Live rates at 2008.11.30 1044 UTC Notice: The THB rate shown below is the international rate.

Rates used within Thailand may vary.1.00 USD=35.6204 THB

United States Dollars Thailand Baht 1 USD = 35.6204 THB 1 THB = 0.0280738 USD

Trade Currencies. Click here!!

Go baby Go!

tomorrow WE SHOULD SEE 36 TO THE us DOLLAR.

Originally Posted by Panda

I heard the Thai govt is selling $USs and buying baht to maintain the currency value. It sure looks like that , but why on earth they would be doing this is beyond me. If its true they have to run out of $US sooner or later and the baht will drop through the floor.

They have a LOT of dollars. Sux too.

^^^Celebrations in order but keep in mind, the link in your post is not what you will get if you bring USDs into Thailand. This is.

Foreign Exchange Rates

35.13

Originally Posted by Panda

I heard the Thai govt is selling $USs and buying baht to maintain the currency value. It sure looks like that , but why on earth they would be doing this is beyond me. If its true they have to run out of $US sooner or later and the baht will drop through the floor.

The money changer at the night bazaar in Chiang Mai can only absorb so much.

Joking aside they've been doing this for months. Thaksin must have his money locked up in Baht.

Originally Posted by spliff

Originally Posted by Panda

I heard the Thai govt is selling $USs and buying baht to maintain the currency value. It sure looks like that , but why on earth they would be doing this is beyond me. If its true they have to run out of $US sooner or later and the baht will drop through the floor.

They have a LOT of dollars. Sux too.

Mmm... looks like they do. Wont be expecting a crash in the baht any time soon in that case.

International Reserves and Foreign Currency Liquidity - Thailand

Originally Posted by Butterfly

35.37 for the USD, everything is fine

When I returned to LOS in 2002 baht 41.50 per U S $
Low has been in the high 29s around a year ago may be lee than a year.

35.45 for a buck. Come on 40!

Originally Posted by Norton

^^^Celebrations in order but keep in mind, the link in your post is not what you will get if you bring USDs into Thailand. This is.

Foreign Exchange Rates

35.13

Norton this site shows 34.35 to the dollar, but saw 35.19 today at SCB.