smashing
The Dollar is doing great and the £1 is fooked , Happy Amenricans and very sad Brits
Analysts sound alarm on baht depreciation
Economists are warning the baht will weaken further throughout this month because of higher volatility in money and capital markets worldwide after the US Federal Reserve's hawkish benchmark interest rate hike
Krungthai Compass, a research house under Krungthai Bank, forecasts the baht will dip to high-34 to mid-35 against the US dollar by the end of this month.
The baht depreciation is attributed to higher volatility of the global equity markets and digital assets, said Phacharaphot Nuntramas, chief economist of the research centre
The Fed raised its benchmark interest rates by 75 basis points on June 15.
However, the baht is expected to stabilise after June for 3-6 months, then strengthen late this year.
A firmer baht to the greenback late this year would be supported by an improving current account, contributed from higher tourism income, said Krungthai Compass.
For the first half of 2022, foreign travellers should number around 1 million, before soaring to 5 million in the second half, said the research house.
Analysts sound alarm on baht depreciation
I am not a liberator , Liberators do not exist , The people liberate themselves , Ernesto Che Guevara .
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rocketing, i fear Sausages has missed the bottom again.
" Superrich "
The Best Currency Exchange Rates | Super Rich Thailand
CURRENCY DENOMINATION BUYING RATE SELLING RATE USDUnited States
100
35.40
35.4550 35.40 35.45 20 - 10 35.29 35.35 5 35.22 35.35 1 35.02 35.15
GBPUnited Kingdom
50
43.40
43.5520- 5 43.30 43.45
EUREuropean Union
500-100
37.30
37.4050-5 37.25 37.40
CHFSwitzerland
1000 - 10
36.85
36.95
AUDAustralia
100 - 5
24.50
24.65
Good evening.
I'm a bit off course here, but not much. This concerns money and banking. I'll be moving to Thailand in October. I have two bank cards I'll be using. One is with Chase. Any suggestions as to how to avoid paying exorbitant atm fees would be greatly appreciated. What atm machines should I use? And should I open a Thai bank account and transfer money from my U.S. accounts into it? Thanks ahead of time.
Al
Great news. Holding over 35 for us US guys. Good upside for now.
The Baht is getting strong again all Currencies are going down , very sad days
" Superrich "
The Best Currency Exchange Rates | Super Rich Thailand
CURRENCY DENOMINATION BUYING RATE SELLING RATE USDUnited States
100
35.45
35.5050 35.45 35.50 20 - 10 35.34 35.40 5 35.27 35.40 1 35.07 35.20
GBPUnited Kingdom
50
43.00
43.2020- 5 42.90 43.10
EUREuropean Union
500-100
37.05
37.1550-5 37.00 37.15
CHFSwitzerland
1000 - 10
36.95
37.10
AUDAustralia
100 - 5
24.15
24.25
" Superrich "
The Best Currency Exchange Rates | Super Rich Thailand
CURRENCY DENOMINATION BUYING RATE SELLING RATE USDUnited States
100
35.48
35.5550 35.48 35.55 20 - 10 35.37 35.45 5 35.30 35.45 1 35.10 35.25
GBPUnited Kingdom
50
42.95
43.2020- 5 42.85 43.10
EUREuropean Union
500-100
36.95
37.1050-5 36.90 37.10
CHFSwitzerland
1000 - 10
36.90
37.05
AUDAustralia
100 - 5
24.10
24.20
" Superrich "
The Best Currency Exchange Rates | Super Rich Thailand
CURRENCY DENOMINATION BUYING RATE SELLING RATE USDUnited States
100
35.58
35.6350 35.58 35.63 20 - 10 35.47 35.53 5 35.40 35.53 1 35.20 35.33
GBPUnited Kingdom
50
43.05
43.3020- 5 42.95 43.20
EUREuropean Union
500-100
37.10
37.2550-5 37.05 37.25
CHFSwitzerland
1000 - 10
37.05
37.20
AUDAustralia
100 - 5
24.15
24.25
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