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Valetta
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Jingjo,I hope the Financial Information Center is correct in its projected assessment of the value of the $A because I hope to be in Thailand from late Feb to early April,2010.
As well as making overseas travel cheaper for Australians a strong $A will reduce inflation as imported goods will be cheaper,and thus make it easier for the Reserve Bank to limit interest rate increases and maintain economic growth.
However,predicting currency rates is much more an educated guess than anything approaching an exact science.
A stronger $A very much depends on commodity prices continuing to rise.The recent rise in iron ore and coal prices has been largely due to China significantly increasing its stockpiles of these minerals with the easy credit made available by the Chinese government as part of its massive stimulus package.
If the expected global recovery,and in particular the USA recovery,is weaker than China anticipates its reduced exports will result in a reduced demand for commodities,lower prices,and a weaker $A.
There are just so many variables that any long term prediction of the value of the $A has to be taken with a very large grain of salt.
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Thai Girls : Meet Sexy Thai Girls
Posted on: 8:41 pm on Sep. 19, 2009
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thailife
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here is a great piece of info.... can you imagine if the U.S. defaults on their debt? It is a parasitic relationship where no one can scew the other.
The huge amounts involved would COLLAPSE most countries while the good 'ol U.S. grows enough food, has enough energy etc. the be one of the only ones standing. What we don't have we have the military might to take.
So for all those nut jobs that think the $ is screwed, tell that to all the countries that are holding u.s. dollar debt.
http://www.treas.gov/tic/mfh.txt
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Bangkok Women : Meet Sensual Bangkok Women
Posted on: 9:06 pm on Sep. 19, 2009
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Broken Leg
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Quote: from thailife on 9:06 am on Sep. 20, 2009
while the good 'ol U.S. grows enough food, has enough energy etc.
Yep, the US don't need nothing from anyone else. 
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Thai Girls : Meet Sexy Thai Girls
Posted on: 9:32 pm on Sep. 19, 2009
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tvn
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As you all can see that now less Baht per Dollar now. I see that the rate get tiny bit lower everyday now. I read somewhere online...and now talk to some Thai..that Baht is getting stronger...so may get 25 Baht per Dollar soon....Anyone has concrete info to confirm this?
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Bangkok Girls : Meet Sexy Bangkok Girls
Posted on: 6:20 am on Sep. 8, 2010
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Valetta
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tvn,the appreciation of the baht relative to the $US is not something the Thai government welcomes as it makes Thai exports less competitive.
However,reduced returns on US Treasury bonds,very low US interest rates,and the huge US government debt largely being financed by printing money is likely to result in a lower $US.
Although a lower $US is not good for US citizens travelling abroad,it it does make US exports more competitive and,in the long term, this will strengthen the US economy by making the US less dependent on foreign lenders.
Just how low the $US will fall in the next year or two is very hard to predict.If there is a severe worldwide recession the $US will rise because it is still regarded as a safe haven in times of financial uncertainty.
But if there is steady worldwide economic growth I think there will be a slow,but progressive fall in the value of the$US.However,I doubt it would decline to as little as 25 baht to 1 $US in the next 2 years.
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Thai Women : Meet Matured Thai Women
Posted on: 7:24 am on Sep. 8, 2010
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bkkz
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Baht at 13-year high
Source: The Nation September 27th 2010
The baht hit a 13- year high on Monday after the government revised up the gross domestic product growth projection for this year to 7.8 per cent, the third adjustment in six months.
The baht rose by 0.4 per cent to Bt 30.58 per U.S. dollar at 4 p.m. Bangkok time today, after touching a 13-year high of Bt 30.55 per U.S. dollar.
Funds inflows into stocks and bonds and encouraging Thai economic growth outlook pressured the baht to appreciate.The baht could appreciate to around Bt 30.20 / U.S. dollar by the end of this year, Satit Rungkasiri, head of the Finance Ministry's Fiscal Policy Office said today.
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Bangkok Women : Meet Beautiful Thai Girls
Posted on: 6:24 am on Sep. 27, 2010
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PussyLover 69
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Report from Bangkok Post dated 27 March 2013 :-
New 20-baht banknotes shown
The Bank of Thailand will issue a new series of 20-baht banknotes, its 16th series, on 1 April 2013, deputy governor for corporate support services and banknote management, said on Wednesday.
The notes measure 72 by 138 millimetres, the same size with the current series.
The new notes have high-technology anti-counterfeiting measures.They also have Braille so the blind can identify the value. The watermark of Thai numeral 20 is specially transparent when held against the light; the green security thread embedded into the paper will change to the colour of red-purple when user tilts the new banknotes; and the use of raised features and matching element techniques on denomination numeral.
The banknotes were made of better paper quality to provide the longer life cycle, she added.
The 20-baht banknotes are most used among the five denominations of 20, 50, 100, 500 and 1,000 baht, according to the central bank
See photos of the new notes at :-
http://www.bangkokpost.com/breakingnews/342652/bot-unveils-new-20-baht-banknotes
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 10:47 pm on Mar. 27, 2013
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bkkz
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KBank weakens baht forecast to 34.25
Kasikornbank (KBank) has cut its exchange rate projection to 34.25 baht to the US dollar by year-end.
The move is in line with the low policy rate, as it is a government tool to stimulate the economy this year, said Kobsidthi Silpachai, head of capital market research and markets business.
KBank previously forecast the baht would depreciate to 34 to the dollar this year.
In the first half of this year, the Bank of Thailand cut the policy rate twice to 1.5% in order to support the economy amid volatile currency exchange rates and weak exports.
Mr Kobsidthi said export value had improved a lot after the second rate cut in April, while new bank loans that usually benefited from a low interest rate had marginally expanded.
"We found export value expanded 16 times higher than the growth of new loans after the rate cut," he said.
More...
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Thai Girls : Meet Active Thai Girls
Posted on: 8:53 pm on June 11, 2015
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