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U.S. dollar falls after Fed cuts rates to near zero

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Yes, well at 10:20 A.M. CDT, 17 March,  U.S. the exchange rate for the $ is 1.0974 Euro, 1.207 for Pound, and Yen at 107.3. There has been a lot of volatility, anyone could have a bad day. 

 

I agree with the others, I just move more dollars to the Thai bank when favorable.

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On 3/16/2020 at 10:27 AM, Isaan sailor said:

Today USD rose vs Baht.  So not weak everywhere.  Never thought I’d welcome 31.94–but USD hammered down for so long, things look a little better now.

Must be all that hot money coming into BoT from China hey? 🙂

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Posted (edited)

Are the toilets and taps in her area all fully functional with plenty of hand sanitizer and  working hand dryers, I doubt it. And if they are, they wouldnt have been last week. !

Edited by les Dennis
Wrong thread

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On 3/16/2020 at 9:00 PM, bristolboy said:

Because the Chinese want to make their goods less competitive?

He doesn't understand that RMB is pegged to the $. There's only a two point window.

 

I must have told him three thousand times. Incidentally the Shanghai exchange was up 0.3% today. The only market in the world to show an increase.

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On 3/17/2020 at 10:15 PM, Tony125 said:

As of 3/17/2020  1USD =32.27 baht

As  of 3/18/2020  $1 = 32.50 Thai Baht    Dollar rising against the baht

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On 3/16/2020 at 5:35 AM, Tony125 said:

As of 12:33 PM March 16th the Baht is down to the US dollar

USDTHB

US Dollar/Thai Baht FX Spot Rate

31.98
+0.17+0.53%

 

Pound crashing though as we spend to the moon...

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9 minutes ago, URMySunshine said:

Pound crashing though as we spend to the moon...

GBP in freefall...........37.66

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Posted (edited)
31 minutes ago, dode57k said:

GBP in freefall...........37.66

We are printy printy our way out off this but we don't have the luxury of a global reserve currency hence our money grows ever worthless. By the time we finally lick this virus we will be basically bankrupt - god knows what that will mean but I expect Greek style austerity measures. Stockpiling good value supermarket wine now as that can only be more scarce and increase in price in the future - oh and spirits. Shall be able to barter when the pound is toilet paper ! A good merlot for 1kg of bacon ? Thinking a new Rolex maybe better than money in the bank and my wife agrees !

Edited by URMySunshine

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