Why is the GBP to THB exchange rate stronger now than in previous months?

@Pa**

😂😂 working out absolutely fantastic for those of us in Thailand and income from outside. The smart money came here. Happy to see the baht descent continue, making me money everyday. You?

@Todd ********

import export values and political risk are the main drivers or currency values — the high baht has really damaged exports at a critical time for Thailand

@Pa**

quite possibly true. But I think they will emerge strongly when the time comes

@Todd ********

who wil?

@Pa**

Thailand will. As will Vietnam, South Korea, Singapore. And possibly Indonesia

@Todd ********

it will continue to weaken against major currencies and they predict it dropping to 32 by June July. Yes obviously good if u have USD etc income and far better for tourism when it comes back and exports

@Pa**

likely so. Never been a better time to be here than now. Frankly the outside perspectives are of little or relevance, if the financial markets perceive risks, they take correlated action. The Thai economy, outside of the obvious tourism destruction, seems to be thriving. Adapting well. Several SE Asia nations will emerge stronger than ever. Others, like Myanmar, will not. There is always financial opportunity in unstable markets

@Todd ********

it was 33+ — most ASEAN economies are very resilient despite the rhetoric from USA. Even MYanmar will rebound — as has Thailand after every Coup it has.

@Pa**

agreed on that for sure. They are indeed resilient

@And***

tourism is devastated in every nation. And yet, the vast majority of those nations have done poorly at effective Covid management.

Vaccine successes are great. But clearly in the ‘too little, too late’ category for several of the ‘leading’ nations.

@Paul *********

I not sure that’s correct Paul. The Baht seems fairly consistent against other currencies. For sure the GBP has strengthened considerably against other currencies. This has occurred only since the full enactment of Brexit. My conclusion therefore is that the weak position of GBP previously was due to the indecision and it has strengthened as a result of increased confidence now that the situation has become clearer. Of course I may be wrong but I suspect there to be some truth in this. Cheers

@Mike ********

it’s down a full point against $ and others

@Paul *********

Ok. But the pound has strengthened against all currencies not just the Baht. It’s much stronger against the US dollar and the Euro. That’s what I am basing my assumptions on. For sure the Baht May have weakened a little but the Thai government are somewhat reknown for currency manipulation keeping it strong. Good night.

@Mike ********

strange to see cross currency variations— if so money to be made. Baht is down to 30.9 this morning to $

@Paul *********

I hear that some of the currency speculator s have made loads of money lately. Just wish I could be one!! Cheers

@Rob ******

Why is it rude? Maybe English isnt your first language but Mike Carroll's comment certainly isnt rude, just a "perhaps" and a "guess"

@Rob ******

wow. Wrong side of the bed this morning? I cant see anything at all rude in his answer.

@Rob ******

You are reading things that are not written. That is presumptuous and unfair. However just to make sure that you understand my feelings clearly on this matter, piss off you waste of space. You are denying other people valuable oxygen. Bollock to you. Goodbye

@Tim ******

I wish that was right:-( The graph you refer to (how many doses have been give per country) does not take the number of people living there into account. E.g., it does not sound much if a country got, say, 1 million doses. But if that country only has 1 million people living there, that means that 100 % got at least one jab or 50 % got both. Unfortunately, we only got dickheads ruling us in Germany who got nothing else on their minds than their own wallets... Second place in vaccinations in Europe is Serbia, which you'll see on the map (scroll down a bit) for which Shaun posted a link....

/17/covid-19-vaccinations-in-europe-which-countries-are-leading-the-way

@Sabine ********

Not 40% fully vaccinated , /17/covid-19-vaccinations-in-europe-which-countries-are-leading-the-way

@Shaun *******

This confirms that the UK is way ahead of all European countries, any way you slice it.

@Hugh ********

The vaccine is recomended to be done with a 3 week interval,which is not being done ;This has been a reckless drive to get as many vaccinated for PR by Piffel & Co,, Why did they not follow the guidelines to administer those jags

@Shaun *******

The recommendation is for the second jab to be after 3weeks (Pfizer), 4 weeks (Moderna) and 4-12 weeks (Astra-Zeneca), but no earlier. My understanding is that they are following this guidance, pushing the second as far towards 11-12 weeks to maximise the number of people getting protection from a first jab. Pfizer has said that the effectiveness may reduce until the second jab is taken if delayed to 12 weeks, but this is a trade-off the Uk government has decided to take. There is some evidence that the efficacy may improve by delaying the second jab.

Basically, there are trade-offs but it is not reckless to delay the second jab.