Baht into dollars or Euro? Best way to exchange

**Butterfly** · 04-11-2010, 01:58 PM

be careful with DBS, they have a tendency to say one thing and do the other

you might get a nice surprise for the conversion

probably won't be much anyway if they do the double conversion, maybe 2% total

try and learn and let us know,

**Ripley** · 10-11-2010, 03:44 PM

Thanks B Fly !

After your warning called again and talked to a manager within the department , Daniel who informed me as they do not deal with Baht it MUST FIRST be converted to $Sing and then USD or what ever.

He recommended to me to convert prior to transfer which was a big question

SO who selling best rates.

And it's even lower than when I began researching several weeks ago.

25 predicted !!! Mmmmm

sabaii sabaii · 10-11-2010, 03:50 PM

Try Vasu, On the corner of Sukhumvit Soi 7/1

**Butterfly** · 11-11-2010, 01:59 PM

don't think it will go 25 immediately, it seems to be stable around 29.5

the US is trying to repatriate capital by inverting the J-Curve for exporting countries,

**Airportwo** · 11-11-2010, 02:07 PM

Originally Posted by Butterfly

don't think it will go 25 immediately, it seems to be stable around 29.5

the US is trying to repatriate capital by inverting the J-Curve for exporting countries,

Is that good or bad, from what I read majority dont agree?
Good means USD will be stronger!

**Butterfly** · 11-11-2010, 02:21 PM

^ in that case bad, reverting the J-curve means that the THB will be so strong that all exports will stop and inflation will collapse in those countries, basically deflation. It creates a crisis, like in 1997, but reversed.

What the Fed is doing is quite "bold", instead of rising key interest rates, they are rebooting the whole system

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