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As far as I can see, it has already started to fall, I think it will stop at 42 Baht for US $!

You obviously didn't get the 10% increase memo

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 T

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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%

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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.

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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'...

 

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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.

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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!

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