USD tanking against Thai baht.

[urleft]

Because that is when the rice crop is harvested and a lot of farmers have to sell.  Before the coup the GVT had be paying more than the international market for rice.  If the military stops that Rice sckeme, I would expect the baht to fall. 

However, I have been wrong before. 

[urleft]

Unfortunately I am short on Thai funds.   So I have to transfer some money.   The TT rate is 31.85, so I will check what I get with a $5K BB transfer.   

Hopefully this will take care of me through Feb.   I will monitor the exchange rates closer around Dec. 

[urleft]

Wow, got a bump.  I saw rates of 31.5 to $1 last week, but now at 32.12. 

[urleft]

Not sure what is the problem here, other than horse face (US SoS) making comments against the Thai Coup. 


But the Baht is gaining, 31.8 to $1. 

[urleft]

Super Rich just posted 32.02 to $1, first time about 32 in several weeks. 

[Admin]

 Super rich always best rates when I checked and compare rates.
Urleft, Are you talking about s/r or b/r?

[urleft]

Super rich always best rates when I checked and compare rates.
Urleft, Are you talking about s/r or b/r?

Admin, I am not sure what you mean. 
 
 
I track rates to transfer at the best times for me. 
 
 
Super Rich today went above 32, however That banks remained below 31.8,   
 
 
What is the best time to tranfer?    I do not know. 
 
 
 
However, I personally set a rate, and when that rate is acheived, I transfer. 
 
 

[mike]

Super rich always best rates when I checked and compare rates.
Urleft, Are you talking about s/r or b/r?

Admin, I am not sure what you mean. 
 
 
I track rates to transfer at the best times for me. 
 
 
Super Rich today went above 32, however That banks remained below 31.8,   
 
 
What is the best time to tranfer?    I do not know. 
 
 
 
However, I personally set a rate, and when that rate is acheived, I transfer.

S/r = sell rate, b/r = buy rate. You get different rates depending on what you do.

Mike

[urleft]

Wow, a nice one day jump in the rate.  32.22 to $1   

This morning when I checked it was at 32 even.

[urleft]

Wow, 32.4 to $1 at super rich. 

May be a good time to transfer. 

However, I am waiting until December.   

[urleft]

Well Super Rich is at 32.44 to $1. 

However, this is Friday, so you can't do bank transfers until Monday, by then the rate usually drops.   


But then again, this is up about .5 baht from last month. 

[urleft]

Decent jump to 32.57 to $1

[urleft]

Just a quick look at the current rates.  The were down aroun 32.3 most of last month, but jumped to 32.5 today.   However, being a weekend they will probably fall on Monday before you can take advantage. 

 
 
 


 

[gotlost]

Xe at 32.60

[urleft]

Nice surge in the USD, 32.75 to $1. 


Seems the shift of control of congress is already having a positive impact.