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Author Topic: USD tanking against Thai baht.  (Read 195492 times)

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Offline urleft

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Re: USD tanking against Thai baht.
« Reply #150 on: June 05, 2014, 07:09:21 PM »
Urleft, do you use BKK Bank for the transfer?

For a large international transfer I use Siam Commercial.  If I need to have ATM money I use Bangkok Bank with a bank to bank electronic transfer. 


Offline urleft

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Re: USD tanking against Thai baht.
« Reply #151 on: June 06, 2014, 07:17:22 PM »
Well the Baht is gaining again, luckily I transferred on Tuesday and got some extra.     


Currently TT is about 32.43 to $1.     Thats a .34 drop from a week ago. 




Offline CO-CO

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Re: USD tanking against Thai baht.
« Reply #152 on: June 06, 2014, 08:03:17 PM »
Well the Baht is gaining again, luckily I transferred on Tuesday and got some extra.     


Currently TT is about 32.43 to $1.     Thats a .34 drop from a week ago.

I think that is a good thing - maybe suggests that the coup is being viewed positively.


I don't think we are going to see USD 40 or GBP 60............................................. unfortunately.

Offline gotlost

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Re: USD tanking against Thai baht.
« Reply #153 on: June 06, 2014, 08:25:45 PM »
Well the Baht is gaining again, luckily I transferred on Tuesday and got some extra.     


Currently TT is about 32.43 to $1.     Thats a .34 drop from a week ago.

I think that is a good thing - maybe suggests that the coup is being viewed positively.


I don't think we are going to see USD 40 or GBP 60............................................. unfortunately.



Be lucky 2 C 33 and 55

Offline CO-CO

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Re: USD tanking against Thai baht.
« Reply #154 on: June 06, 2014, 08:51:17 PM »
Well the Baht is gaining again, luckily I transferred on Tuesday and got some extra.     


Currently TT is about 32.43 to $1.     Thats a .34 drop from a week ago.

I think that is a good thing - maybe suggests that the coup is being viewed positively.


I don't think we are going to see USD 40 or GBP 60............................................. unfortunately.



Be lucky 2 C 33 and 55

I would settle for that GL - it was 45/46 not long ago.

Offline toffo

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Re: USD tanking against Thai baht.
« Reply #155 on: June 06, 2014, 08:56:14 PM »
Well the Baht is gaining again, luckily I transferred on Tuesday and got some extra.     


Currently TT is about 32.43 to $1.     Thats a .34 drop from a week ago.

I think that is a good thing - maybe suggests that the coup is being viewed positively.


I don't think we are going to see USD 40 or GBP 60............................................. unfortunately.



Be lucky 2 C 33 and 55

I would settle for that GL - it was 45/46 not long ago.


Went lower than that co co.. Went down into the 43s at one point.. thank budda for yingluck though now 54

Offline urleft

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Re: USD tanking against Thai baht.
« Reply #156 on: June 15, 2014, 09:00:53 PM »
 I was chastised by someone on this forum for monitoring these fluxuations.   

However, while I did not get the high, I got enough.  I expect to see the TT rates on Monday about 32.2 to $1.   Glad I transferred when did. 

Hopefully I will not have make another significant transfer until December January, where I will again be monitoring the rates twice a day or more. 


My recommendation is that is you need to transfer a large amount do it when it is best for you, not when you have too. 


Offline urleft

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Re: USD tanking against Thai baht.
« Reply #157 on: June 30, 2014, 07:46:16 PM »
Well the rates seem to be hovering in a range of about 32.3 - 32.4 to $1.   No real movement.   


As the old guys mentioned, the previous coup had little effect on the rates, this appears to be the case here.   


However, this could be a really interesting December.   If the military suspends the rice subsidies expect some movement on the baht.  There may be a lot of unhappy Thais at the end of this year. 


Offline smoooth2

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Re: USD tanking against Thai baht.
« Reply #158 on: July 01, 2014, 02:29:10 PM »
December !!

Holy moly ... that's a long way off Keith. At my age, I'm not game enough to buy green bananas  :biggrin:

Offline urleft

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Re: USD tanking against Thai baht.
« Reply #159 on: July 10, 2014, 09:19:43 AM »
Well the USD lost .3 baht in the past 2 days, basically down to 32 to $1.   Not sure what is causing the downturn. 


Offline gotlost

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Re: USD tanking against Thai baht.
« Reply #160 on: July 10, 2014, 09:29:51 AM »
Well the USD lost .3 baht in the past 2 days, basically down to 32 to $1.   Not sure what is causing the downturn.

Artificial prop up of the baht or collision.

Offline Simon

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Re: USD tanking against Thai baht.
« Reply #161 on: July 10, 2014, 09:31:13 AM »
Yes the British pound has lost 0.5 over the last two days.

Offline urleft

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Re: USD tanking against Thai baht.
« Reply #162 on: July 21, 2014, 11:30:14 AM »
Well looks like all banks and exchanges are under 32 to $1.   



Offline urleft

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Re: USD tanking against Thai baht.
« Reply #163 on: July 22, 2014, 07:17:26 PM »
Wow, falling more.   From basically 32 to $1, now at 31.75 to $1.   


Unless the TMB stops being spastic. 


As I said, I am planning a December Transfer. 


Offline DeputyDavid

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Re: USD tanking against Thai baht.
« Reply #164 on: July 24, 2014, 03:32:13 AM »
Its not looking good at this end.   moneysmile  Why December Urleft?

 

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