SCB posted rate 34.06 TT rate 34.19 jet doc answered your questions it does not look good
going backwards again. if I was on a retirement visa I would be still safe I want some bang
for my buck and I am not getting it any more and I know what your all are reading in the Nation and other rags printing lies & deception facts are just look around you and you will see the truth I don't have
to print it here just take your heads out of the sand and stop believing what is written in the rags.
ask why is over 100 hotels suddenly up for sale why are Thais being sent home because of no work
why are others getting there hours cut why are we having red & yellow shirts protesting the current Government some thing is wrong so when you read Bloomberg or the Nation about the Thai baht some one is feeding them false information to benefit a few power players and now we are back on topic

Remeber guys it's the purchasing power that counts. you have to look on the cost side of the ledger as well. Ron yuo've painted yourself into a corner might a well go now and get it over. Kind of think village life just doesn't fit a Brooklyn boy. The exchange rate is never going to change the things you have mentioned.

Libor Biggest drop in eight weeks.

Guys hows the other currencies besides the dollar holding up this week?

http://www.bloomberg.com/apps/news?pid= ... refer=home

Asian Currencies Fall

http://www.bloomberg.com/apps/news?pid= ... Lz3jK5vGl4

git to explain my self would be off topic and I don't want to go there. It seem the whole world currencies
are in trouble EXCEPT thailand it sound and secure because they said so

as from being from Brooklyn it would be no difference if I cam from some hillbilly town in Kentucky
the baht is way over inflated and the economy is false that why they are taxing the $$$$$$$ off the fuel they need the money NOW and please stop attacking me like that I do not do that to you

on another note they post opinions trying to lure investors make every thing sound so rosy when in fact
it all gambling it will turn out the way they predict it. they want you to buy so the stock go up and they can dump there it a game that why I will not play sadly i am forced to play with the USD against the Thai Baht one which is slowly moving up on lies

My apologies not meant as an attack

git wrote:Remeber guys it's the purchasing power that counts. you have to look on the cost side of the ledger as well. Ron yuo've painted yourself into a corner might a well go now and get it over. Kind of think village life just doesn't fit a Brooklyn boy. The exchange rate is never going to change the things you have mentioned.

Yes, git.

Exchange rate means very little if the cost of living is still good. I agree with that.

Has anyone noticed? after a week end, or the many "holidays",in Thailand, the baht is got weak.
Then, Low and behold, throughout the day, It gains strength
Not alot, just several satangs througout the updates in the day.Do they really think sneakly propping up the baht little by little people wont notice?
Check it out Monday!

Here coach you just never know

mortiboy wrote:Has anyone noticed? after a week end, or the many "holidays",in Thailand, the baht is got weak.
Then, Low and behold, throughout the day, It gains strength
Not alot, just several satangs througout the updates in the day.....

Interesting hypothesis – unfortunately I can’t fully test it from my records as I only keep data for the closing value of each trading day.

The best I can do from my data is to compare the closing value of the first trading day of the week with the closing value of the last trading day of the previous week.

For 2009 the following shows the number of times it is higher or lower along with the average amount of any increase or decrease and its percentage movement:

GBP / THB
Higher – 9 (Av increase of 0.45 Baht or 0.89%)
Lower – 10 (Av decrease of 0.42 Baht or 0.93%)

USD / THB
Higher – 14 (Av increase of 0.08 Baht or 0.22%)
Lower – 5 (Av decrease of 0.07 Baht or 0.39%)

EUR / THB
Higher – 8 (Av increase of 0.34 Baht or 0.90%)
Lower – 11 (Av decrease of 0.51 Baht or 1.09%)

AUD / THB
Higher – 9 (Av increase of 0.30 Baht or 1.28%)
Lower – 10 (Av decrease of 0.23 Baht or 0.96%)

The only currency pairing showing a significantly large number of increases compared to decreases was USD/THB – however, whether that movement is statistically significant enough to make a decision on changing currency is up to the individual.

after reading many post in here and expressing my opinions and gut feeling which all turned out wrong
I think it best for me to just monitor this thread since I really do not have any thing to report
other than my biased opinions, I was waiting two years for the Baht to fail so far it has gained in strength
and all indications which are being reported it will continue to gain on the U.S.D. at which time I will only bring in my 40 K requirement until all my credit cards are paid off then I will decide on what action to take. I also will continue to monitor other Asian currencies such as the Vietnam Dong & Malaysian ringit
if I should see a big change in either direction I will post it here

Ron don't feel bad all this time and I'm not sure I understand it either. I think we hit a period of times where norms were just no longer in the game. I've learned no to believe everything I read in publications. When I have cash in hand that I what I believe. A lot of the experts are really guessing just like we are. They have the skill and all the tools avialble to them and they still miss a lot.

Good example is the Euro a few post back Rogers was saying tha was the way to go. Yet yesterday I saw that they were going to start printing more money. Did he know about that when he made he statement, Did he say that to drive the Euro up so he could dump his. I don't know.

I have tell myself these guys are in the business of making money and producing nothing, will they maninpulate thing to their favor? You bet they will, part of how we got in this mess in the first place.

So there is scamming going on eveywhere not just here. Sometimes Governments don't have involvement sometimes they do.

I'm trying to figure out of I should move money here in the next few months. I really don't know and I will have to look at what is happening on the day i decide to do it. Yesterday will be history and no clue what tomorrow is going to bring.

At one point I though the target was 33 and then i went to 34 then 35 and now back to 34. Blows that theory right out the window doesn't it. Once the current P.M. there was no reason to devalue the baht cause there was no export market anyway. Tourist look at the market they are tryin o develop, it;s not the west it's Asain countries close in.

Yuo got the F.M. publicly saying to the BOT that Baht has to weaken. But, I have been told that he is also the head of the Thai Bankers Association, who just implemented the 150 baht fee. Now that may or may not be true I didn't look it up but I trust the source.

Yuo got the Govenment preaching the message that everything is stable, but the reality looks much different. A guy wearing a red or yellow tee shirt coughs and it's in the international news. In the end it's impossible to predict anything with any degree of accuracy.

all we can do is monitor it realize we have no control over it and never will. Trt to make the rigth moves at the right time. When i saw the baht gaining like a rocket in flight I cut back on me spending early on. That helped me. I think is about as much as we will ever get out of this.

There you go Ron they flat admitted it, so yuor theory still holds water. One way or another the rate is going to be in that range next week. BOT is going to make sure no matter what. The manipulation Ron that makes your theory accurate. So the may have to manipulate it up or down. Depending on what the othre currencies do.

KRC forecasts Thai baht, SET Index movement next week
BANGKOK, 16 May 2009 (NNT) – Kasikorn Reserch Center (KRC) forecast that Thai local currency would trade in the range of 34.45-34.85 against the dollar next week, and Stock Exchange of Thailand (SET) composite index’s support line would stand at 508 points and resistance line at 555 points.

KRC advised investors to keep an eye on the signal from the Bank of Thailand (BOT)’s intervention in the Thai baht currency market, the direction of regional currency markets, and the conclusion from the meeting of the Monetary Policy Committee on 20 May. KRC said the direction of the US currency would depend on news from the US financial institutions and economic figures from the US government.

KRC further informed the public that the Commerce Ministry’s next-week reports on international trades would play a vital role on SET in the week after, while reports on prices of global oil and the movements of regional stock markets would influence SET index in the week after as well.