DownLoLarry Posted January 8, 2011 Share Posted January 8, 2011 Here's some links for various Thai Banks foreign exchange rates. http://www.kasikornbank.com/EN/RatesAndFees/ForeignExchange/Pages/ForeignExchange.aspx http://www.bangkokbank.com/bangkok%20bank/web%20services/rates/pages/fx_rates.aspx http://www.krungsri.com/en/foreign-exchange-rates.aspx Quote Link to comment Share on other sites More sharing options...
C Wombat Posted January 8, 2011 Share Posted January 8, 2011 Thanks DLL, have bookmarked them. Quote Link to comment Share on other sites More sharing options...
BigTel Posted January 9, 2011 Share Posted January 9, 2011 Cheers DLL, very useful indeed. Quote Link to comment Share on other sites More sharing options...
deepthroat Posted January 16, 2011 Share Posted January 16, 2011 I've noticed a drop in strength of the baht vs dollar the past couple weeks. Hope it holds another week! Quote Link to comment Share on other sites More sharing options...
Jimslim Posted January 17, 2011 Share Posted January 17, 2011 Should hit 70 baht to the pound by the weekend so says my old aunt in the nursing home :rolleyes: Quote Link to comment Share on other sites More sharing options...
pdogg Posted January 18, 2011 Share Posted January 18, 2011 Now the big question is were major currencies over valued and we are now feeling the effects or are we being taken for a ride yet again? Good question and interesting overall analysis Hound! I think the equilibrium FX rate might be in the neighborhood of 25 baht/USD as before the Asian currency crisis of 1997. From what I read, it is not easy for a small country such as Thailand to keep currency propped up, and I think the BOT would prefer a somewhat weaker baht to makle exports (and tourism is an export too in this sense) more atractive. It's clear to me that the average Joe in the West is hurting while ASEAN counties are are on the upswing and in my view that's the longterm macro trend. Quote Link to comment Share on other sites More sharing options...
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