Thread: Thai Baht Rates .

1000 Posts 32,000 Views .
BaitongBoy Hows Your Baht Thread Doing ,

Did the little blurt start this butt hurt, EH?

Dollar taking a bit of a hit.

the dollar's in a trading range, that's all...you know: up and down, up and down...

Originally Posted by tomcat

the dollar's in a trading range, that's all...you know: up and down, up and down

Yep. Bounces around 35.

The £1 is on the Slippery Slope Again ,

i'll get me coat

The £1 is still on the Slippery Slope ,

US rate rise expected, Thai outflows surge, baht weakens

Thai baht is set to weaken following foreign capital outflows from the stock and bond markets.

The Thai baht today is traded at Bt35.13 per US dollar, gaining nearly 2 per cent since the beginning of this year.

Maybank Kim Eng Securities (Thailand) expects a reversal of the trend this month due to tightening by the US Federal Reserve.

Net foreign outflows yesterday were tuned at Bt6 billion: Bt2.4 billion from stocks, Bt2.8 billion from short-term bonds and Bt0.8 billion from long-term bonds.

Foreigners were also net sellers of Thai stocks and bonds on Monday, with net-sell positions worth Bt3.2 billion.

http://bangkokjack.com/category/news/

Dollar creeping up a bit....

It needs to reach 36 again before I cash in anymore $$.

Originally Posted by snakeeyes

Fokk, no exchange rate movement. Exactly same as yesterday..

The Dollar is creeping up .

^^
Check again double post but sorted it's only a slight change ,