Inflation in the U.S.A., is it Biden's fault ?

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exchange rate similar to a musical score sheet

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Inflation High Season :: Sugar up to 24 ฿ from 20฿ per kilo, Electricity increases planned effective with new year

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Inflation High Season. :: many tourists postponing for cheaper low season

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Up's and down's

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Baht weakens

Weakening baht helps bolster Thailand’s rice exports THE NATION

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For the moment the U.S. dollar seems to be gaining

February Bank transfer rate  Source BOT

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Can't help feeling suspicious

Early November some V.I.P.olitician made the request to keep the baht at 35 to the dollar

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Tourism up, Rice Exports up, Baht regains value

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Thailand's rice export grows 33%

The price hike was inevitable, other meat products may benefit

"Increase the price of Ko Khun Phon Yang Kham 

according to the cost . . . "

 

If it can go wrong, it will go wrong

B o T moves to reduce 

use of cash in half by 2026 

Tourists will be at a disadvantage as they most likely will get 'international service fees attached to each transaction.

Banks will have access to all your purchase history. 

I have had all sort of difficult encounters attempting to use QR codes, think many Thais have similar difficulties.

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Can you see the light at the end of the tunnel ?

With the rest of the world in a recession,
don't expect Thai tourism and exports to shine

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Investors react to U.S. Federal Reserve's aggressive interest rate hike

For American expats it's a little more spending money

arrow separates Sept-Oct

 The second chart added the first day of the year
How long will it last

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Sakon Nakhon New Minimum wage 338 ฿ (US$8.85) As of October 1

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Why are exchange rates different at different banks

In order to make a profit , banks and other money changers use different rates for buying and selling currency. The online rates you see are probably mid-rates - half-way between the buying and selling rates. Of course, just to be on the safe side, banks also charge commission on the transaction...

Why is it that, when I check exchange rates ... - The Guardian

 

 

For my charts I use BOT Bank of Thailand 

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Baht September 2022

Haven't seen such rates (฿37=$1) since October 2006

    

BOT admits printing error in one lot of 20-baht notes, tells public no need to panic The Nation 220929

Thai central bank raises rates, willing to adjust tightening as necessary |  Reuters 220928

 

Central bank increases key interest rate to 1.00 percent effective Wednesday | Thai PBS World 220928

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UK fiscal plan rattles markets

Most likely imports will cost more

Left: First bank day January through August

Right: September สกลนคร Sakon Nakhon