Paul *********
This is a summary of
Paul *********
's contributions to the platform. They have posed 3 questions and added 98 comments.

QUESTIONS

COMMENTS

Paul **********
@Billy ******
? No it’s a weakening of the baht against all major currencies
Paul **********
@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.
Paul **********
@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
Paul **********
@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
Paul **********
@Todd ********
the financial markets obviously disagree with you which is why sovereign risks insurances have sky rocketed and the baht devalued.
Paul **********
Why so funny so u have a better explanation I guess
Paul **********
@Bruno ***********
it’s due to political risk increasing in Thailand
Paul **********
It should get back to 32:1USD by June - July