Thread: Time to Buy Bht

Every Cloud Has a Silver Lining.

I'm sure I'm not the onlyone who'll be banging on the bank's door ready to send hard currency to Thailand as soon as the Thai banks open.

the Baht is down 1% on Bloomberg today

damn i destroyed my western union card already

I should add that 1% may not sound much but it is the biggest one day fall in 4 years

yes, 1% does not sound much

that would be less than 1baht/pound extra

the amount of the fall would be more significant if it continued at that rate, but I dont suppose it will

I was going to buy some baht but the fall isn't so significant. Mind you, it iis better than it was.

1GBP = 71.4 Baht

1U$ = 37.4 Baht.

not half as much movement as you would expect after a military coup.
I was in Turkey, when they devalued the lira in the late 1990's.
The pound doubled against the Turkish lira overnight.

^ Nothing has changed that much.No decisions regarding monetary policy will be made etc.Peacefull takeover of government etc.

See what happens after the erections...

I am changing baht to sterling tomorrow. FECK

i am buying dollars as well but this looks nice today.

Currency Exchange Rate 22-09-06 at 10:30 Currency
/BahtBank NoteBuy SellUSD37.0737.72GBP69.9571.79EUR47.2348.29JPY31.4 732.44HKD4.714.87Powered by www.Bangkokbank.com

Originally Posted by William

I should add that 1% may not sound much but it is the biggest one day fall in 4 years

It's better to buy when it's down, then wait til it comes back up.

Originally Posted by keeshouAhDoGe

Originally Posted by William

I should add that 1% may not sound much but it is the biggest one day fall in 4 years

It's better to buy when it's down, then wait til it comes back up.

gosh, I bet you are a rich man!

I of course managed to change USD to TB the day before.....
I expected the money to get lost, which is not unusual - but it arrived
At least something went right