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Grundy1927

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Posts posted by Grundy1927

  1. 3 hours ago, Kwasaki said:

    OK for those here who don't understand my point.

    Brexit or no Brexit when has the Euro bought more baht than the £.

    This is about strong baht currency £ was 37-38 for a long while, now at the moment around 41 why that is I have no idea. 

    The reason is the pound was as low as 1.20 to the us dollar now 1.37 so were now getting 37% more than the dollar as regards 20% recently pound expecred to reach 1.40 to the dollar by end of feb which will put pound to 42 baht.

     Baht very strong against dollar thai banks full of foreign money seen as a safe haven Govt not printing it like europe and US

      Also thailand cant just devalue Trump for example threatning trade sanctions against countries for manipulating currencies Thailand was one on his watchlist .

      Personally i think Thais would like the dollar around 1.33-1.34 this would help there exports 

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