recent election

[Kingsknight 0]

Do any of you guys have any idea on how the recent election will affect the exchange rate, if at all?

[joekicker 53]

The election didn't affect it. The actions of the new government starting next year will probably affect it, and make the rate go either up or down, unless it stays pretty much the same.

 

Seriously. It's government policy, the Thai economy, the US economy and the world economy that will affect the rate. None of these are knowable. If people could answer your question they would be down at the currency-futures market getting rich.

[Kingsknight 0]

Well after reading reading how much some of the board members spend in Pattaya, I figured they were rich.

[sinbinjack 251]

Well after reading reading how much some of the board members spend in Pattaya, I figured they were rich.

Not all ,some like myself are on a rather tight budget.

PS i have noticed that for the past 2 or 3 years that the Baht has risen a little against the pound in high season but fallen a little in low season ,might have just been a coincidence but that was my observation

Edited December 26, 2007 by sinbinjack

[joekicker 53]

Currency rates are just supply and demand. Currency is just a commodity like salt or girls. It's possible high season could touch exchange rates. I've never heard that one, but why not?

[joekicker 53]

deleted

Edited December 26, 2007 by joekicker

[joekicker 53]

deleted

Edited December 26, 2007 by joekicker

[CheshireTom 1,377]

Not all ,some like myself are on a rather tight budget.

PS i have noticed that for the past 2 or 3 years that the Baht has risen a little against the pound in high season but fallen a little in low season ,might have just been a coincidence but that was my observation

 

The Baht has been strengthening against the Pound for a couple of weeks now i.e. you're getting less Baht for your Pound than you were throughout most of the year. (66.84 for TCs at the booths today).

[Emil 0]

The Baht has been strengthening against the Pound for a couple of weeks now i.e. you're getting less Baht for your Pound than you were throughout most of the year. (66.84 for TCs at the booths today).

 

Thank God for that. Maybe now those mongers from the UK will quit spending their baht like drunken sailors on shore leave and drive up the prices in Pattaya. Should I have excluded the Scots from my comment?

[CheshireTom 1,377]

Thank God for that. Maybe now those mongers from the UK will quit spending their baht like drunken sailors on shore leave and drive up the prices in Pattaya. Should I have excluded the Scots from my comment?

 

Not at all ............... even if I choose not to set foot in Pattaya during the peak season.