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Baht


Dave40

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Hi Can anyone tell why the Baht is so strong at the moment, I know the US dollar is a little on the weak side, but given there is politcal instability in Thailand (military govt) I thought the baht would be weaker, (I am no expert) just wondering, any opinions please!!!

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Hi Can anyone tell why the Baht is so strong at the moment, I know the US dollar is a little on the weak side, but given there is politcal instability in Thailand (military govt) I thought the baht would be weaker, (I am no expert) just wondering, any opinions please!!!

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Exactly JC_HKT.. So the BoT is doing nothing, baht still too strong.. Mai pen rai.. Great with an export dependent Thai economy!! ;-) Export is 60% of Thailands GDP.. When is somebody waking up in this country?

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Dollar has gone down regarding other currency as well (like mine Norwegian Krone NOK) and conserning NOK and Bath it remains more or less the same. I might be that the problem is USD in some parts anyhow.

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