PattayaMale Posted January 5, 2009 Posted January 5, 2009 In todays Bangkok Post there was and article that said by mid 2009 the baht should weaken to 37 and then recover by the end of the year to 35.5. 37 to 1 would be a nice break, but with prices rising at about 20% it is a wash Quote
Guest Steve1903 Posted January 5, 2009 Posted January 5, 2009 The UK£ has already fallen against the Euro from about £1 = 1.35euro to 1 for 1. The way they are talking here could be we'll be 1 on 1 with the Baht before the end of next year if we don't watch ourselves. I tell ye, the end of the world is nigh. Quote
Guest fountainhall Posted January 6, 2009 Posted January 6, 2009 The way they are talking here could be we'll be 1 on 1 with the Baht before the end of next year if we don't watch ourselves I remember when the pound hit parity wth the US dollar (in Thatcher's years) and all manner of disasters were going to result. Wait long enough and the pound will rebound - at least that's what I am always told Hope we're still alive by then! Quote
Guest shebavon Posted January 6, 2009 Posted January 6, 2009 In todays Bangkok Post there was and article that said by mid 2009 the baht should weaken to 37 and then recover by the end of the year to 35.5. 37 to 1 would be a nice break, but with prices rising at about 20% it is a wash This is great if you are on a fixed income or looking to buy property. Bad if you are thinking of selling property and converting the proceeds to dollars. As always, one side gains while another loses. Quote
PattayaMale Posted January 8, 2009 Author Posted January 8, 2009 This is great if you are on a fixed income or looking to buy property. Bad if you are thinking of selling property and converting the proceeds to dollars. As always, one side gains while another loses. Good point shebavon. However as I have been following the real estate market here, prices are going down as the market is flooded with property right now. So I guess selling property would be a double whammy. Quote
