garyk Posted August 18, 2010 Share Posted August 18, 2010 (edited) I have lived here for about a year now and am starting to worry about the dollar against the thai baht. I want to ask some of you folks here if you think it is going to get worse or is this a reacurring trend.I read a financial report where it says it will continue to drop for the next 6 monts?I may find myself heading back to America. It is rather disturbing.What do you think? Edited August 18, 2010 by garyk Link to comment Share on other sites More sharing options...
Buckeye911 Posted August 18, 2010 Share Posted August 18, 2010 Check out this thread. Link to comment Share on other sites More sharing options...
Abrak Posted August 18, 2010 Share Posted August 18, 2010 Perhaps you should check this.... http://en.wikipedia.org/wiki/Thailand You will see Wikipedia estimates that Thailand's currency is 100% undervalued against the US$ on a PPP basis. I very much doubt this is either true or will be reflected in the exchange rate. However, even given a very high margin of error, continued appreciation against the dollar or at least a maintained rate should be a sensible assumption. What will happen to the US$ from here I have no idea. I doubt it will continue to appreciate like it has over the past year but there is no indication of overvaluation. Link to comment Share on other sites More sharing options...
ThaiPauly Posted August 18, 2010 Share Posted August 18, 2010 As Buckeye has already pointed out there is a thread discussing this currently running on the Business forum and he has already posted the link. So as this is not really just a Chinag Mai issue but a nationwide issue I am going to close it. Link to comment Share on other sites More sharing options...
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