Thai Baht Rates .

**snakeeyes** · 29-07-2015, 11:05 PM

Today

**snakeeyes** · 31-07-2015, 05:02 PM

**Horatio Hornblower** · 31-07-2015, 05:27 PM

If the pound reaches 60 will be happy.

**PAG** · 31-07-2015, 05:39 PM

Originally Posted by Horatio Hornblower

If the pound reaches 60 will be happy.

Indeed. From recollection, when I first moved here in 2007, it was circa 70. However, for the last few years, anything over 50 I've considered a bonus.

**piwanoi** · 07-08-2015, 01:09 PM

Originally Posted by Horatio Hornblower

If the pound reaches 60 will be happy.

Ahh yes Double H so would we all, but remember 1997 when it was 90 and even spiked for a day at 97 !!

**YourDaddy** · 17-06-2019, 02:10 PM

Originally Posted by Horatio Hornblower

If the pound reaches 60 will be happy.

How the mighty have fallen

**Horatio Hornblower** · 31-07-2015, 05:44 PM

Been a few hard years changing Pounds.

Hopefully happier times around the corner.

**Kurgen** · 31-07-2015, 10:46 PM

If I reach 60 I'll be happy too

**snakeeyes** · 31-07-2015, 11:10 PM

Baht has biggest monthly drop since 2001

The baht dropped this month by the most in more than 14 years after the government cut forecasts for growth and exports, spurring outflows from Thai equities as the US prepares to raise interest rates.

The currency fell 4.2% to 35.245 baht a dollar as of 4.15pm, the sharpest monthly loss since March 2001, Bloomberg-compiled data show. It declined 0.5% on Friday and earlier reached 35.280, the lowest level since May 2009

The economy is slowing as Prime Minister Prayut Chan-o-cha fails to spur a revival and as planned investment in infrastructure falls short of target. While overseas investors sold a net US$856 million of stocks this month as of Wednesday, the most since May 2014, an index of sovereign bonds rose, suggesting demand for the relative safety of debt.

“The baht has fallen in line with a strong dollar,” said Tsutomu Soma, department manager of the fixed-income business unit at Rakuten Securities Inc. in Tokyo. “Thai political uncertainties are also weighing on investor confidence.”

The government is under increasing pressure to overhaul the cabinet and bolster the economy as waning consumer confidence and a slump in manufacturing portend one of the region’s slowest expansions, according to analysts.

The economy may grow 3 in 2015, the Finance Ministry said on Tuesday, down from an April estimate of 3.7%. Exports have contracted for six straight months and a central bank report Friday showed they fell 8.9% last month from a year earlier.

Overseas shipments may drop in 2015 by more than the Bank of Thailand’s 1.5% forecast, senior director Roong Mallikamas said on Friday.

A Bloomberg index of Thai sovereign bonds gained 0.9% in July, halting a two-month drop. The three-year yield declined 17 basis points from June 30 to 1.6% and the 10-year yield fell 13 basis points to 2.83%.

Baht has biggest monthly drop since 2001 | Bangkok Post: business

**snakeeyes** · 04-08-2015, 04:37 PM

**Buckaroo Banzai** · 23-04-2021, 04:14 AM

Originally Posted by snakeeyes

Where is that? I look in the internet and it says

we will be coming to Thailand May 4th and I want to bring at least $15 K and leave in the bank for extensions to stay.
I would appreciate any advice.

**Ratchaburi** · 04-08-2015, 05:31 PM

Yeeeeeeeee's it look good, would look great at 45/usd

**snakeeyes** · 06-08-2015, 08:54 PM

**klong toey** · 06-08-2015, 09:59 PM

If the £ reaches 60 i will ring the bell once again.

**snakeeyes** · 07-08-2015, 01:20 AM

Originally Posted by klong toey

If the £ reaches 60 i will ring the bell once again.

Pinocchio ,

Stroller takes it up the JACKSIE ,

**terry57** · 07-08-2015, 09:39 AM

AUD is on the rise .

**cisco999** · 08-09-2018, 04:36 PM

Originally Posted by terry57

AUD is on the rise .

Time changes everything.

What I'd give for a crystal ball.

**klong toey** · 07-08-2015, 03:42 PM

To be fair its pretty quite around 11 am.

Originally Posted by snakeeyes

Originally Posted by klong toey

If the £ reaches 60 i will ring the bell once again.

Pinocchio ,

Stroller takes it up the JACKSIE ,

**Begbie** · 06-08-2015, 10:35 PM

BOE announced they were holding interest rates steady today, folk were expecting them to make a raise. The disappointment might cause a drop in Sterling. Corbyn being elected leader of the Labour party in September should also push the pound down.

**can123** · 06-08-2015, 10:38 PM

Originally Posted by Begbie

Corbyn being elected leader of the Labour party in September should also push the pound down.

You must be joking ! If the Labour Party elect Corbyn they will never win an election and the continuity of a Conservative government will only serve to increase the value of the pound against other currencies.

No more Labour governments is great news for the UK.

**piwanoi** · 09-08-2015, 03:32 PM

Originally Posted by can123

Originally Posted by Begbie

Corbyn being elected leader of the Labour party in September should also push the pound down.

You must be joking ! If the Labour Party elect Corbyn they will never win an election and the continuity of a Conservative government will only serve to increase the value of the pound against other currencies.

No more Labour governments is great news for the UK.

Quite correct CAN123,remember the last real socialist Gov under Wilson and Callaghan when inflation reached 26.9% and you had to smuggle your money out of the Country if you wanted a decent holiday abroad with your family? , the IMF refusing to lend them any more money unless they had a wage freeze ,leading up to the union chaos in the Winter of discontent ,leading up to Labour getting wiped out in the GE , I would suggest that those who not aware of this simple fact read on

https://en.wikipedia.org/wiki/Winter_of_Discontent

**chassamui** · 06-08-2015, 10:48 PM

Originally Posted by Begbie

BOE announced they were holding interest rates steady today, folk were expecting them to make a raise.

No they weren't. The governor has been saying for some time that a rate rise is likely in new year. One member out of nine voted for a rate rise.

**Dillinger** · 06-08-2015, 10:49 PM

shoulda gone to Super rich Snakey

Currency Exchange Rate | Super Rich Thailand

**Begbie** · 06-08-2015, 10:51 PM

I admire your optimism, but it's all about perception. An actual scocialist Labour making all the right noises, add in the US interest rate rise comming in September. Then the lead up to the EU referendum next year. The pound looks kind of risky.

**chassamui** · 07-08-2015, 12:18 AM

Labour party are a non event. Dead in the water but good for a laugh. As much as they would like to think they have any effect at all on anything. they are irrelevant.

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