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Baht weakens to 34:one dollar


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#1 Haloi

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Posted 16 August 2008 - 05:07 PM

Have you noticed that with the decline of ooil prices and the strength of the US dollar, the exchange rate for the Baht very quiety went over 34:1 on friday.

Here's hoping we are headed back to 40 !!!

http://www.bangkokbank.com/Bangkok+Bank/Pe...tes/default.htm

#2 Gaybutton

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Posted 16 August 2008 - 08:48 PM

QUOTE(Haloi @ Aug 16 2008, 05:07 PM) View Post

Here's hoping we are headed back to 40 !!!


I certainly wouldn't complain. For what they're worth, the latest economic forecasts I've read say the baht is expected to reach 35 to the US dollar by the end of the year.

#3 loeploh

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Posted 17 August 2008 - 09:39 AM

But now I am sad, now the euro gets down !
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#4 Rogie

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Posted 19 August 2008 - 12:10 AM

QUOTE(loeploh @ Aug 17 2008, 09:39 AM) View Post

But now I am sad, now the euro gets down !


Oh crikey! The euro's riding high versus sterling (the British pound).

I can outdo you Loeploh.......I am sadder than sad.