Insurgencies. Coups. Fraud.Bombings in the south.
Bombings in Bangkok.
Idiotic currency restrictions.
Idiotic market restrictions.
Investor fears. Tourist fears.
Diplomatic tensions. Border tensions.
The goddamn bullet-proof Thai Baht is still stuck at 35.5 to the dollar. What's it gonna take to kill this inflated p.o.s.?
2 comments:
damn baht fell down to 34 + against the dollar so far today - at 930 am Central time as the market took a 13 point dive. I agree - it's amazing how resiliant the baht has been with all the internal problems Thailand has experienced and created for itself.
Here is a good ticker that I use:
http://www.thaivisa.com/external/currency-exchange-rates.html
The "official rate" would be the "USD50-100, Buying Rates, TT" number, which is at 35.65 as of this posting.
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