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Why is the Thai Baht so strong ??

Why is the Thai Baht so strong ??

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Old Sep 16th 2008, 10:34 am
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Default Why is the Thai Baht so strong ??

The Thai Baht seems to be strengthening against GBP, AUD, SGD and maybe some others. Everyone knows what's going on in Thailand at the moment, so WHY is the currency so strong?
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Old Dec 1st 2008, 11:58 am
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Default Re: Why is the Thai Baht so strong ??

Beats me. It's even worse since you posted this. It defies logic. I read the other thread about pound weakness and saw that you are largely interest dependent - that must hurt. I have UK based pensions so it is the exchange that hurts me.
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Old Jan 7th 2009, 6:31 am
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Default Re: Why is the Thai Baht so strong ??

Originally Posted by katongkaren
The Thai Baht seems to be strengthening against GBP, AUD, SGD and maybe some others. Everyone knows what's going on in Thailand at the moment, so WHY is the currency so strong?
WOW!!!!

it went up 50% (relative to AUD) from July to October !! This is truly unheard of!
Up more than 30% relative to NZD, for the same period of time!!

http://www.exchange-rates.org/history/AUD/THB/G/180
http://www.exchange-rates.org/history/NZD/THB/G/180

Can anyone find exchange history for the last 2-5 years for this pair? It would be soooo interesting to check that! Please let me know if anyone can get the data...
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Old Jan 8th 2009, 2:25 am
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Default Re: Why is the Thai Baht so strong ??

Yahoos interactive charts are good for this and go up to 5 years or more. For AUD and NZD try:

http://finance.yahoo.com/echarts?s=A...urce=undefined

and

http://finance.yahoo.com/echarts?s=N...urce=undefined

If these do not work you can go to Yahoo Finance and draw your own charts. You need to be brave to view these there is not a lot of good news for AUD, NZD or my GBP.
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Old Mar 3rd 2009, 11:50 am
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Default Re: Why is the Thai Baht so strong ??

How about Thaksin, PPP?

I think not. I think that it isn't that Thailand rose, but the western countries fell.

It is amazing that they do not practice quantative easing the way United States does.
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Old Mar 27th 2009, 3:17 pm
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Default Re: Why is the Thai Baht so strong ??

oh i see ,Thai is a actually rich country
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