Thread: Thai Baht Rates .

Originally Posted by ShrewedPunter

Should I wait a couple of days to exchange the bulk of my.money?/I have £800 spending money for 2 weeks. Hopefully won't use it all .

I book hotels using my credit card on agoda

Yes, cash it in now and have fun. Not doing much good sitting in your pocket or bank, is it?

Speaking to a German friend of Mine last night who worked for Deutsche Bank for over 30 years and retired as a very senior executive , he informed my that in his opinion Thailand's economy was not in a healthy position and to expect the Baht to slide further ,but nothing like the good old days in 97 he hastened to add , he also said that massive corruption here in Thailand were no one at the top of the pile ever seems to get punished is not helping matters either ,here is a little something I looked up at his request Baht hits six-year low; shares of tourism-linked Thai firms plunge, Companies & Markets News & Top Stories - The Straits Times

Watching the trends tonight. U.S. stock futures drop in early trade; Dow off 139 points.

Could be really interesting tomorrow

OH MY...Market opens with the trap doors. DOW drops 1138 in 30 seconds. NASDAQ drops 572 or 11%. Hasn't hit bottom yet. Still diving.

Pull up a chairs boys. This one is going to leave a mark.

Thurs and Friday last week took over a Trillion dollars out of the US market Cap. today....who knows yet.

I saw the SET was down big today. 62.

35.68252 Thai Baht/1USD

Originally Posted by rickschoppers

35.68252 Thai Baht/1USD

We are getting there RC......

36 is coming up.

Yep, I am wiring some money today to my wife for the monthly expenses, but holding on to the rest a bit longer. I feel 36 before too long.

1 Eur = 41.2568 Thb

I agree, 36 to the dollar very soon, and I also feel that the Thai economy is about to finally rollover.

Originally Posted by Deckwan

I also feel that the Thai economy is about to finally rollover.

All the economies in SE Asia are hurting. Turns out Thailand's while in bad shape is, compared to others, not as bad.

Originally Posted by JPPR2

36 is coming up.

Certainly. Perhaps more given the Government is keen to see it happen to make Thai exports more affordable.

Originally Posted by Norton

Originally Posted by Deckwan

I also feel that the Thai economy is about to finally rollover.

All the economies in SE Asia are hurting. Turns out Thailand's while in bad shape is, compared to others, not as bad.

Originally Posted by JPPR2

36 is coming up.

Certainly. Perhaps more given the Government is keen to see it happen to make Thai exports more affordable.

I believe Vietnam has already devalued making their rice about 45 US dollars a tonne more cheap than Thai rice .

Originally Posted by piwanoi

Originally Posted by Norton

Originally Posted by Deckwan

I also feel that the Thai economy is about to finally rollover.

All the economies in SE Asia are hurting. Turns out Thailand's while in bad shape is, compared to others, not as bad.

Originally Posted by JPPR2

36 is coming up.

Certainly. Perhaps more given the Government is keen to see it happen to make Thai exports more affordable.

I believe Vietnam has already devalued making their rice about 45 US dollars a tonne more cheap than Thai rice .

Vietnam Devalues Dong for Third Time in 2015 on Yuan Fallout - Bloomberg Business

It sliped a bit. 35.54 baht/ 1USD

Originally Posted by Norton

Originally Posted by Deckwan

I also feel that the Thai economy is about to finally rollover.

All the economies in SE Asia are hurting. Turns out Thailand's while in bad shape is, compared to others, not as bad.

Originally Posted by JPPR2

36 is coming up.

Certainly. Perhaps more given the Government is keen to see it happen to make Thai exports more affordable.

Agreed, SE Asia is hurting and they are doing as you noted, trying to make exports more appealing.

Originally Posted by rickschoppers

It sliped a bit. 35.54 baht/ 1USD

Not surprising RC being the dollar took a huge hit when the stock market went south yesterday and the 4 days previous. It might stabilize at mid 35 for a bit.

Market looks to have a rebound today but its still extremely volatile

BBC Business 55.71000


BBC NEWS | Business | Market Data | Currencies | Sterling GBP v US Dollar USD

The Philippines has benefitted from a lack of foreign investment and little in the way of raw materials.

Philippines becomes regional star as gloom descends around Asia - Chicago Tribune

AUD @ Superich 25.35 9.00AM.

Vasu 25.45

Market swung up 600 yesterday only to fall 200 further down of the opening bell.800 point swing. Today is a hard call. Its up right now from what I am watching but there is nothing tangible to why other than people who lost a wad are selling short raising activity to make it look better.

Thai baht flat at 35.5ish to 1 USD. A 36 number looking iffy now.

AUD Dollar @ Superich 3.00 PM = 25.25

^^ 25.30 now Tel

Currency Exchange Rate | Super Rich Thailand