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Puchaiyank

Something to consider...it is only a forecast!

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Looking ahead, it should come as no surprise to see a down movement of the baht into the 29-30 per 1 USD by the end of this year and all next year...any world monetary crisis can swing the baht dramatically in either direction...so just use this chart as a baseline if you are interested in these things...

 

Screenshot_20190920-044146_Chrome.jpg

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Its a long debate. It directly effects people whos earning are from overseas. These figures looks practical regardless who figured it out. I remember 29.2 or 29.4 some 12 years back.

 

US no need to worry on debt as it can print a lot and give to the Middle East againt oil.

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2 hours ago, worgeordie said:

If the predictions are correct ,it's a downward movement of the mighty $.

regards worgeordie

If the 'Mighty $' does that........ What can you imagine about the other major currencies..........

I've never known of currencies being predictable to forecast like that.....

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is that prediction using Thai coffee or a straight or not so straight line extrapolation and, if the latter, what are the variables ?

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2 hours ago, Serindib said:

Higher probability of THB 29 than 33 and 25 than 36 to USD.

 

The single most important factor in the THB rate is demand for THB from tourists: selling USD and buying THB.

 

67 Bn of inflow of tourist dollars into a 500 bn economy is quite significant.

 

Net Imports/exports are insignificant as is net FDI.

 

 

 

 

809DE4EE-D69F-4330-9239-6731E84C801D.jpeg

Why did you change $63 billion to $67 billion?

You work for TAT?

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