thai baht rate update

[High till Dry]

Originally Posted by SmallD

Yesterday evening GM 22.10

wah, finally back to 22

[thaiboy]

Originally Posted by SmallD

Yesterday evening GM 22.10

bkk have better rate 22.30

[ChaYen]

I'm just eagerly hoping that either happens:

Rates go up to >25, or another recession...

[JWNY]

Originally Posted by ChaYen

I'm just eagerly hoping that either happens:

Rates go up to >25, or another recession...

It will be a long process, new goverment, new legislation...less coups

JWNY

[yinyang]

Originally Posted by JWNY

..long process, new goverment, new legislation ...less coups

Originally Posted by ChaYen

...eagerly hoping that either happens. Rates go up to >25, or another recession...

Sorry to pop the balloon... if 23, the very tau cheo liao. Never mind 24, 25. Maybe we pull our resources to get JWNY to do a Soros. Nah, maybe not as lose our trousers in the process Not doubting his prowess, as he may switch sides with his multi billion hoard THB

[JWNY]

Originally Posted by yinyang

Not doubting his prowess, as he may switch sides with his multi billion hoard THB

BoT will have alot of explaining to do if that happens bro

JWNY

[justl00king]

Originally Posted by ChaYen

I'm just eagerly hoping that either happens:

Rates go up to >25, or another recession...

If it reaches 25 I opening a bank account there to store some baht.

[Mafan]

Originally Posted by justl00king

If it reaches 25 I opening a bank account there to store some baht.

wah if 25 i will pawn wat i have change all to tb

[Devil73]

I've just checked at Asiaone currency convertor the rate is 22.3174.

[klguylate30s]

Just checked online @ http://www.xe.com/ucc/convert.cgi

Live rates at 2007.07.26 13:16:33 UTC
Notice: The THB rate shown below is the international rate. Rates used within Thailand may vary.
1.00 SGD = 19.6720 THB
Singapore Dollars Thailand Baht
1 SGD = 19.6720 THB 1 THB = 0.0508337 SGD

[Peter_North]

Originally Posted by Mafan

wah if 25 i will pawn wat i have change all to tb

Why do you want to store THB when it hits 25 ? If it hits 25, it means SGD is stronger. You should be keeping SGD.

[High till Dry]

Originally Posted by thaiboy

bkk have better rate 22.30

hmm... i think at times thailand rates are better but most of the time it is not. anyone can attest to that?

Originally Posted by justl00king

If it reaches 25 I opening a bank account there to store some baht.

me too...

Originally Posted by Peter_North

Why do you want to store THB when it hits 25 ? If it hits 25, it means SGD is stronger. You should be keeping SGD.

i think the assumption is that the rate of 25 will not dropped but thai baht will bound back to where it is right now.

[vmtech]

maybe a lil out of topic but does anyone know the selling rate of USD to SGD now , if i were to change it where to go change better? GMC?

[Peter_North]

Originally Posted by High till Dry

i think the assumption is that the rate of 25 will not dropped but thai baht will bound back to where it is right now.

I totally catch NO ball of what you are trying to say.

Now SGD 1 = THB 22

If SGD 1 = THB 25, Mafan & others going to keep THB ???

Assumption that rate of 25 will not drop ?? It's not 25 now, it's 22. Even if it was 25, going down to 22 is not a drop but appreciate of the THB against SGD.

[High till Dry]

Originally Posted by Peter_North

I totally catch NO ball of what you are trying to say.

Now SGD 1 = THB 22

If SGD 1 = THB 25, Mafan & others going to keep THB ???

Assumption that rate of 25 will not drop ?? It's not 25 now, it's 22. Even if it was 25, going down to 22 is not a drop but appreciate of the THB against SGD.

pardon my half past 6 english...

what i mean is that when it reach S$1 to 25 baht, some of us may want to open an account in thailand. the rationale is this: we earn Sing dollars and we will changed it to thai baht and deposit into the thai account. It's more of like hedging for future when thai currency comes back to 22 baht.

hope u understand cos i'm not good in expressing my thoughts...