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#2221
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Re: thai baht rate update
22.85 at GM 28 Oct 08
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#2222
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Re: thai baht rate update
current rate in Bangkok now is 22.70
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#2223
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Re: thai baht rate update
Hi,
By looking at the current volatile economic situation, if it reaches 23.00. Those whom have extra cash (S$), can change more to Thai Bahts. SG currency is weakening & the GDP is expected to fall below 4% according to MAS. Nightmare for frequent cheongster like us.
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Bushnell 1918cbBushnell is my name,1918 is my favourite no:cb is my favourite toy.Love her relentlessly, lick her patiently, suck her passionately,screw her extremely, shoot her shoik shoikly. |
#2224
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Re: thai baht rate update
It's inlikely thb >23 in short term with MAS position on our exports and strong usd >1.5 (vs 1.30+ not too long ago)
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You only live ONCE, pass this way but ONCE.. |
#2225
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Re: thai baht rate update
Today UOB Thailand, at 23.07.
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#2226
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Re: thai baht rate update
Quote:
With tourism and exports down , one would expect the thais to devalue it. As well with the problems mentioned above , I was expecting it to be in their 30's like post-Asian Financial Crisis. Any insight? |
#2227
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Re: thai baht rate update
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MAS devalue our currency to make singapore more competitive with other countries .. |
#2228
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Re: thai baht rate update
Quote:
thanks |
#2229
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Re: thai baht rate update
Buying 34.69 for USD in bangkok.
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#2230
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Re: thai baht rate update
Quote:
But the baht is also holding against other currencies that why i was puzzeled why its still so strong. Some people say it is pegged mostly to the yen ; among other currencies. |
#2231
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Re: thai baht rate update
Thai Baht : 23.02 for $12 sending today close at GM
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#2232
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Re: thai baht rate update
22.9 from chinatown
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Nothing without labour... |
#2233
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Re: thai baht rate update
Quote:
Bro YingYang is the appropriate person whom can give his perspective of this subject. Bro YY, Please enlighten us. Many Thanks.
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Bushnell 1918cbBushnell is my name,1918 is my favourite no:cb is my favourite toy.Love her relentlessly, lick her patiently, suck her passionately,screw her extremely, shoot her shoik shoikly. |
#2234
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Re: thai baht rate update
Quote:
Not trying to steal the spotlight from Bro YY....he may have a diff reason which would likely be more accurate compared to mine... But basically, I think the Thai Central Bank is artificially supporting the Thai Baht agst other currencies now...but they will not be able to do tat (plans to de-value the baht in Jan 2009) for long... Whereas, MAS is not intervening as of now... Just my thoughts...Bro YY....how true is this and ur comments pls? LMP |
#2235
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Re: thai baht rate update
Today UOB Thailand rate at 23.25
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