Gaybutton Posted December 18, 2006 Posted December 18, 2006 I suppose it was bound to happen. Naturally, just in time for high season too. The baht has strengthened to the point that it is now in the high 34's. At the time of this writing, the exchange rate is 34.96 baht to the US dollar. The present rate for other currencies is: Euro: 45.65 British Pound: 68.185 Australian Dollar: 27.1375 Canadian Dollar: 30.0375 Quote
Guest wowpow Posted December 18, 2006 Posted December 18, 2006 Was it a weekend blip or has the Bank of Thailand intervened? Today the baht sank dramatically against all major currencies. The US Dollar interbank rate Quote
Gaybutton Posted December 18, 2006 Author Posted December 18, 2006 Was it a weekend blip or has the Bank of Thailand intervened? Today the baht sank dramatically against all major currencies. I'm not sure of the source of that information, Wowpow, but today there were 12 rounds of exchange rates posted. Usually there are four or five. The currencies closed today as followis: US Dollar: 35.18 Euro: 45.95 British Pound: 68.565 Australian Dollar: 27.3475 Canadian Dollar: 30.235 There was also this: _____ Baht Appreciation Begins Affecting Thai industry BANGKOK, Dec 18 (TNA) Thailand Quote
Guest wowpow Posted December 18, 2006 Posted December 18, 2006 More good news! Interbank rates U S dollar today http://finance.yahoo.com/currency/convert?...=THB&amt=1&t=5d The UK Quote
