Where is the Baht headed?

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Posts: 44
Joined: October 15, 2017, 8:47 pm

Where is the Baht headed?

Post by Doodoo » January 12, 2018, 4:02 pm

Less than 32 to the USD and sliding

2 years ago the baht was worth 36.3 to the Dollar now 31.9, 4.4 baht less or the USD has slide 12.2 %

With this the exports of Thailand are more expensive therefore less buying of Thai products by other countries On a $1,000,000 order which isn't at all that big it would cost the buyer an extra $100,000 as compared to 2016
More expensive for Expats to bring in money , if they are to live here

The upside Thais get more for their money and can buy and travel

But in the end where will it all end 31, 30, 29 ...... who knows

Posts: 141
Joined: January 31, 2017, 10:24 am

Re: Where is the Baht headed?

Post by minimiglia » January 12, 2018, 4:55 pm

The baht is grossly over rated, and why are all imported goods still so expensive ?? shoud have come down by now, or who is profiteering?
Thailand is long overdue for another crash.

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