whiteman 1,044 Posted January 27, 2020 Share Posted January 27, 2020 Ok guys and gals with Thailand's tourist business under real threat from this Virus. How long do you think it will be b4 it starts dropping. And to what levels and what time zone? 2 Link to post Share on other sites
CharlieH 28,599 Posted January 27, 2020 Share Posted January 27, 2020 Troll/off topic remarks removed. Link to post Share on other sites
Popular Post KhunBENQ 15,466 Posted January 27, 2020 Popular Post Share Posted January 27, 2020 (edited) Depends on what percentage means dropping for you. Nice little jump for Euro and Dollar this morning. You can only hope it continues. Don't overestimate the influence of tourist business! Edited January 27, 2020 by KhunBENQ 3 1 Link to post Share on other sites
Popular Post RichardColeman 26,418 Posted January 27, 2020 Popular Post Share Posted January 27, 2020 2 hours ago, whiteman said: with Thailand's tourist business under real threat from this Virus You obviously didn't get the 10% increase memo 7 1 Link to post Share on other sites
mshs 60 Posted January 27, 2020 Share Posted January 27, 2020 Adapt to a strengthening B or fantasize about droppings and time zones or frames. Baht strength continues until 1) the auto-plant restart (floods of 2011) subsidies exist and 2) JPY rates remain at -0.1% with the THB rates at 1.25% and NZD rates at 1% 1 Link to post Share on other sites
tjo o tjim 347 Posted January 28, 2020 Share Posted January 28, 2020 For 2020, I think we will keep a floor of 30.0-30.1 and a ceiling of 31.5 for the USD, barring some really bad additional developments with the broader economy. Essentially stabilization. To get back in the 35 neighborhood would require pretty significant turmoil in Thailand and likely stagnation in China. 1 1 Link to post Share on other sites
007cableguy 1,313 Posted January 28, 2020 Share Posted January 28, 2020 Pound creeping up! 2 Link to post Share on other sites
Popular Post Beggar 2,399 Posted January 28, 2020 Popular Post Share Posted January 28, 2020 A perhaps frustrating situation for farang tourists. Now the Baht drops and at the same time it is dangerous to travel to Thailand. But perhaps a good occasion for us expats to add some money to our Thai Baht accounts. 6 Link to post Share on other sites
whiteman 1,044 Posted January 28, 2020 Author Share Posted January 28, 2020 Beggar The Bahht has not dropped enough as yet give it 2 more week to see the real costs to Thailand start to appear. 1 Link to post Share on other sites
Popular Post 30la 2,027 Posted January 29, 2020 Popular Post Share Posted January 29, 2020 As far as I can see, it has already started to fall, I think it will stop at 42 Baht for US $! 3 1 6 Link to post Share on other sites
Laza 45 3,114 Posted January 29, 2020 Share Posted January 29, 2020 Well.. the Bt is dropping against the $US at the moment.. but quite a few factors besides the virus causing the drop.. how far will it go?.. good question.. as they say 'how long is a piece of string'... Link to post Share on other sites
dougiemac52 110 Posted January 29, 2020 Share Posted January 29, 2020 On 1/27/2020 at 12:54 AM, CharlieH said: Troll/off topic remarks removed. Incredible just yesterday the Thai leader said it was 100% under control and there was only 6 people suffering I think. Maybe he meant 100% increase per day 1 Link to post Share on other sites
kwak250 1,203 Posted January 29, 2020 Share Posted January 29, 2020 The Thai baht is so sttong that i have come to believe that even when the country suffers with disasters the baht just keeps on getting stronger. I have watched the gbp go from 75 to 38 baht and don't think a Chinese virus will alter it. Probably make the baht even stronger. Link to post Share on other sites
Mac98 1,223 Posted January 29, 2020 Share Posted January 29, 2020 The Chinese are not going to announce tomorrow that the virus has been contained. It would take weeks to be sure even if was contained tomorrow. Visits to Thailand will continue at a slower pace and worries will continue. Investors don't like uncertainty. Barring an exploding contagion, look for a slow slide, not a plunge, to 32.5 by March 1, then reassess the situation. Look for a slow recovery in tourist numbers, especially with high season winding down. Aside: Remove the bras for songkran and let the party begin! 1 Link to post Share on other sites
shackleton 987 Posted January 29, 2020 Share Posted January 29, 2020 Will wait until after the 31st January 2020 Then see how the pound sterling reacts to Brexit Not holding my breath but hoping For the best on a rise against the Baht on the exchange rate 1 Link to post Share on other sites
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