Butch Posted July 7, 2022 Share Posted July 7, 2022 5 hours ago, Horizondave said: I think the banks are covering themselves at the moment and 42.95 to the pound is good considering Boris has resigned. Presently the pound is up 0.52% against the dollar and showing as 43.25 on Wise. (42.95 is good on the street) Going to be a bit bumpy while he's still caretaking, but once someone else steps in hopefully it'll improve. 3 Link to comment Share on other sites More sharing options...
forcebwithu Posted July 8, 2022 Share Posted July 8, 2022 On 7/7/2022 at 3:52 AM, Mr. Smooth said: How many years has it been since the USD was exchanging at that rate? Maybe a decade at least? 23 hours ago, forcebwithu said: Looks like Oct, 2006 was the last time we saw 36+. I was wrong about Oct, 2006. Very briefly in Sept, 2015 the rate closed above 36 for a couple of days. Link to comment Share on other sites More sharing options...
Mr. Smooth Posted July 8, 2022 Share Posted July 8, 2022 12 minutes ago, forcebwithu said: I was wrong about Oct, 2006. Very briefly in Sept, 2015 the rate closed above 36 for a couple of days. No biggie, point is that is has been many years since the dollar was as strong against the baht as it is now. It would be nice if it can at least maintain it's current value for awhile, say the next year or so. 4 1 Link to comment Share on other sites More sharing options...
Toy Boy Posted July 8, 2022 Share Posted July 8, 2022 Back down to 42.70 at the TT place by the Dongtan Police Station an hour ago. It seems that the feel good factor didn't last very long. Link to comment Share on other sites More sharing options...
Blue Streak Posted July 8, 2022 Share Posted July 8, 2022 Friday....... 8th July......... Soi Buakhao......20.30....... Link to comment Share on other sites More sharing options...
Toy Boy Posted July 9, 2022 Share Posted July 9, 2022 (edited) There's not much joy to be found for the pound. It looks like the recent strong job figures in the US will allow the Fed to tighten policy further and faster than expected, so the pound fell even further. A lot of people are focusing on the enormous current account deficit, and rightly so, even though the latest damaging figures were actually based on a new methodology, so they may not actually be quite as bad as they look. Actually, taking the glass-half-full approach, even if the pound was to fall to parity with the USD, we'd still be getting over 36 Baht/£, which is about what it was at the darkest hour a few years ago. Of course, if the THB was to strengthen significantly, that would be very bad news for us Brits. In the meantime, here's an article from this morning's Times on the pound's travails, "Britain cuts a lonely figure as kindness of strangers evaporates". Don't forget to open a packet of tissues before reading it, lol. The_Times(2022-07-09)_page48.pdf Edited July 9, 2022 by Toy Boy Link to comment Share on other sites More sharing options...
thunder367 Posted July 9, 2022 Share Posted July 9, 2022 wonder if theres any chance the pound wil get better and hit 45 for xmas new year when i return for the first time in 3 yrs since covid can wish and have fingers crossed for it Link to comment Share on other sites More sharing options...
Blue Streak Posted July 9, 2022 Share Posted July 9, 2022 For the weekend lads....T T Exchanges.......... Soi Buakhao.... 1 1 Link to comment Share on other sites More sharing options...
john luke Posted July 10, 2022 Share Posted July 10, 2022 1640 today. 2 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 11, 2022 Share Posted July 11, 2022 Monday....... 11th July......... Soi Buakhao......20.30....... 1 1 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 12, 2022 Share Posted July 12, 2022 Tuesday....... 12th July......... Soi Buakhao......21.00 hrs....... On a very damp evening...lol....... 2 1 Link to comment Share on other sites More sharing options...
Mr. Smooth Posted July 12, 2022 Share Posted July 12, 2022 6 hours ago, Blue Streak said: Tuesday....... 12th July......... Soi Buakhao......21.00 hrs....... On a very damp evening...lol....... How about that? The US dollar and the Euro are basically a dead heat in equal value. First time since late 2002. That has my mind thinking about a short trip back to Ireland for a week long pub crawl featuring the Black Stuff! 2 Link to comment Share on other sites More sharing options...
forcebwithu Posted July 13, 2022 Share Posted July 13, 2022 4 hours ago, Mr. Smooth said: How about that? The US dollar and the Euro are basically a dead heat in equal value. First time since late 2002. That has my mind thinking about a short trip back to Ireland for a week long pub crawl featuring the Black Stuff! Saw that this morning in one of the CNN headlines. The euro and the US dollar are at parity for the first time in 20 years For the first time in 20 years, the exchange rate between the euro (EUU) and the US dollar has reached parity -- meaning the two currencies are worth the same. The euro hit $1 on Tuesday, down about 12% since the start of the year. Fears of recession on the continent abound, stoked by high inflation and energy supply uncertainty caused by Russia's invasion of Ukraine. The European Union, which received roughly 40% of its gas through Russian pipelines before the war, is attempting to reduce its dependence on Russian oil and gas. At the same, Russia has throttled back gas supplies to some EU countries and recently cut the flow in the Nord Stream pipeline to Germany by 60%. Now that critical piece of gas import infrastructure in Europe, has been shut down for scheduled maintenance due to last 10 days. German officials fear that it may not be turned on again. ... 1 2 Link to comment Share on other sites More sharing options...
Toy Boy Posted July 13, 2022 Share Posted July 13, 2022 9 hours ago, forcebwithu said: Now that critical piece of gas import infrastructure in Europe, has been shut down for scheduled maintenance due to last 10 days. German officials fear that it may not be turned on again. Yep, the Germans are pissing their lederhosen, lol... From an article by AEP in today's Telegraph: Mr Putin has good reason to think that Germany will throw Ukraine under a bus if the pressure is great enough. Berlin is blocking the release of €9bn (£7.6bn) of EU financial aid to Ukraine that was already agreed by the 27 states, ostensibly because it objects to the method of joint debt issuance. Berlin has just violated the EU’s sanctions regime by strong-arming Canada into handing over a turbine in hopes that this will restore flows on the Nord Stream 1 pipeline, which is closed for maintenance. The Canadians obliged, with a delay and barely concealed disgust. Volodymyr Zelensky recalled his ambassador from Berlin. Link to comment Share on other sites More sharing options...
Blue Streak Posted July 13, 2022 Share Posted July 13, 2022 Wednesday....... 13th July......... Soi Buakhao......21.00 hrs....... 2 2 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 15, 2022 Share Posted July 15, 2022 Thursday....... 14th July......... Soi Buakhao......21.00 hrs....... 1 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 15, 2022 Share Posted July 15, 2022 Friday....... 15th July......... Soi Buakhao......20.30.. hrs....... 3 2 Link to comment Share on other sites More sharing options...
Nightcrawler Posted July 15, 2022 Share Posted July 15, 2022 1 hour ago, Blue Streak said: Friday....... 15th July......... Soi Buakhao......20.30.. hrs....... That's better Re the Pound 2 Link to comment Share on other sites More sharing options...
Toy Boy Posted July 16, 2022 Share Posted July 16, 2022 43.17 THB/GBP on TW this weekend, better than it's been for a while. Grab it now before they announce who the next numpty to be Prime Minister will be... 4 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 16, 2022 Share Posted July 16, 2022 Saturday...... 16th July......... Soi Buakhao.........Should be for the weekend.... 3 2 Link to comment Share on other sites More sharing options...
john luke Posted July 17, 2022 Share Posted July 17, 2022 1 1 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 18, 2022 Share Posted July 18, 2022 Monday ..........18th ...July .....Soi Buakhao......20.45hrs........ 2 2 1 Link to comment Share on other sites More sharing options...
Pumpuynarak Posted July 19, 2022 Share Posted July 19, 2022 43.82 on Wise at the mo, whoopee do. 4 1 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 19, 2022 Share Posted July 19, 2022 (edited) Tuesday ...19th...July...Soi Buakhao...20.30hrs...... Edited July 19, 2022 by Blue Streak 3 1 Link to comment Share on other sites More sharing options...
Stillearly Posted July 19, 2022 Share Posted July 19, 2022 Topping up my Revolut at these levels 2 Link to comment Share on other sites More sharing options...
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