Is it? Will we see the heady days of 50 plus Baht to the pound?
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Is it? Will we see the heady days of 50 plus Baht to the pound?
First question, probably yes. Second question, probably not.
Everything depends on the type of Brexit achieved.
There is the Thai election looming this month on the 24th, so the Baht is starting to fall on the political uncertainties of three weeks hence.
Yes, that's a good point. It may be worth waiting to transfer money on the basis of that.
could have brexit and thai election in pretty much the same week, both currencies may be down with the Lao Kip at that point
There will be a brief window of opportunity to make some cash when the £ rockets and the baht plummets.
A rocketing £?
:agro:
Would be nice, but can't see anything short of Ref2 sending the £ closer to 50.
Put your money in baht. It's a safer, more stable currency backed by a stronger, more advanced country with less erratic and incompetent leaders.
^Wot he said. :) Dunno about "advanced", but certainly less prone to political whims, and stuff gets made here.
Quote:
Originally Posted by kmart
The reason why baht is stronger is because 90% of British sexpats have been bailing out Thai bargirls and their entire families for the past 3 decades. First world currency in, shit currency out.
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