31.6 31.7 31.8 32.01It's been obvious since the coup, the Baht has been making gains. The gains have been at a snails pace, but very persistent.
It's one of the main factors I consider when planning my budget.
At my house travel plans and major purchases are either cut back or shelved. I don't need to purchase a new vehicle just now.
I don't foresee a strong reversal any time soon.
Farmers my be the big losers if they had not already diversified.
I am beginning to see the bottom dropping out of the rubber market, sugar at a worldwide oversupply, price of rice dropping.
1 comment:
It's a little of both, more-so the baht is noticeable in other currencies. If you look at past coups, the baht seems to rise after each coup
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