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Frank *******
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Frank *******
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Frank ********
@Peter *********
hm, hopefully immigration department does not coordinate with the revenue department.
Frank ********
@Anthony ***
I am looking at the jobs market and inflation in the US instead of exchange rates high and lows.

The baht rate is at 2.65

Dollar is at 4.75 much more downside risk for dollar.
Frank ********
@Matthew *********
on the bright side the dollar is down over 12% to the baht. We pay more for other weaker economies. Ex. the US will be paying to rebuild Gaza.
Frank ********
@Chris ********
I would disagree with dire straits. (Money is for nothing and the Chicks are free) only if you’re in a rock and roll band 😊.
Frank ********
@Frank ********
it’s all relative. A 12% reduction in purchasing power on my Dollars, puts me on the sideline for any large purchases.
Frank ********
Based on Euro to Baht that is over a 7% decline based on Dollar to Baht it is over a 12% decline. Both the Euro and Dollar have declined. Germany economy is weakening and the interest rates are going lower. in US interest rates are going lower so both currencies can be expect more weakling.

Don’t expect Baht to weaken during the high season, country needs all the reserve currencies. The Fires in Brazil hurt the sugar industry, so if Thailand can harvest record amounts of sugar expect the baht to stay strong.