GBP vs THB

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Drgonzo
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Re: GBP vs THB

Post by Drgonzo » Wed Oct 19, 2016 10:59 am

lomuamart wrote: Someone mentioned earlier in this thread (and I'm too lazy to look for the post) that they expected the GBP to fall below 40 to the THB. At the time, I thought that was just pessimistic but now, unfortunately, I think that may well be optimistic. Anyone taking bets on 37 or less?
Meanwhile, inflation will increase and the great British public who voted for this debacle will sit up and wonder what's going on.
Discord, fighting in the streets, more racism etc etc.
Ok, a dystopian vision but I can see it happening.
I think BHT40\£1 is a given now. I also mentioned that gold might be a good idea.
If you seriously believe your last two sentences add silver coins.

Remember that imported silver coins only attract 5% vat when declared as "antiques, art and collectables.
Germany is a good place to buy them.

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STEVE G
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Re: GBP vs THB

Post by STEVE G » Wed Oct 19, 2016 11:59 am

Someone mentioned earlier in this thread (and I'm too lazy to look for the post) that they expected the GBP to fall below 40 to the THB. At the time, I thought that was just pessimistic but now, unfortunately, I think that may well be optimistic. Anyone taking bets on 37 or less?
Goldman Sachs were predicting another 10% drop in the Times this morning which would certainly put us close to 37. Presumably those who voted for this will point out the benefits of Brexit when they come so that we don't miss them, I have a pension fund in pounds and apparently I would have done better this year with it in Haitian Gourdes!

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Re: GBP vs THB

Post by lomuamart » Wed Oct 19, 2016 12:02 pm

DB,
Interesting reading.
But, how much do we have to import to make those goods? If those costs go up, so will export costs therefore possibly making us uncompetitive in a global market where the biggest single economic market in the world seems hell bent on making us suffer - not surprising there really.
Just taking a quick look at the products outlined in the article - machinery, cars, chemicals, ships, cars etc etc, the UK is just a source of "cheap labour" for the originating countries. We don't have any more of those industries that we can call our own anymore. Do we?
And oil? Well, just watch Scotland try and claim most those rights.
The only ray of hope that I can see is that the UK will become so cheap that foreign investment might improve.
But then the public will have to accept lower wages and meanwhile inflation creeps up. That's not a good scenario.
Again, I'm trying to argue devil's disciple but...
Maybe we should just go back to a sufficiency economy? I might consider going back then and live in a field and try to live off it?
Only joking, but I don't see much future for our country if we become increasingly insular.

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Re: GBP vs THB

Post by Matlot » Wed Oct 19, 2016 5:01 pm

Personally I'm not really interested in how much the pound depreciates, the sooner we leave the EU the better. And like BB said earlier, bring on a higher inflation rate, my annual pension increase will also rise!

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Re: GBP vs THB

Post by lomuamart » Wed Oct 19, 2016 5:24 pm

Yeah, until there's no money left to pay you all.

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Re: GBP vs THB

Post by lomuamart » Wed Oct 19, 2016 5:39 pm

Oh yes. Forgot to say that the governmental pensions are of course guaranteed. Both by age and amount. Are they? Look at the age to qualify and the amounts. Have they changed over the years? Get some in before they're worthless.
And of course any private pension that allows the provider to just say that circumstances have changed can, and I'm sure will, just tell you that you're not getting as much as before.
Then see if you're on safe ground.

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Re: GBP vs THB

Post by Matlot » Wed Oct 19, 2016 5:56 pm

Don't matter I have a good job here too! And a healthy 401k in America.

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Re: GBP vs THB

Post by lomuamart » Wed Oct 19, 2016 7:17 pm

Well done.

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Re: GBP vs THB

Post by PET » Wed Oct 19, 2016 7:37 pm

robcar wrote:I have the same problem with this rubbish Thai keyboard.

Hold down the Alt key (by the space bar) and hit 0163 ......that's a zero + 163 Release the Alt key and you should have £


Here is a link to the page http://www.nouilles.info/keyboard_shortcuts.html All the shortcuts and answers you'll ever need.
SORRY does not work on my Thai keboard?
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Re: GBP vs THB

Post by Big Boy » Wed Oct 19, 2016 7:45 pm

LOL - I tried it, and it somehow pulled up this link http://www.weatherforecastmap.com/thailand/widget :?

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Re: RE: Re: GBP vs THB

Post by Matlot » Wed Oct 19, 2016 8:59 pm

lomuamart wrote:Well done.
Thank you :-)

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Re: GBP vs THB

Post by wpcoe » Thu Oct 20, 2016 2:05 am

PET wrote:
robcar wrote:I have the same problem with this rubbish Thai keyboard.

Hold down the Alt key (by the space bar) and hit 0163 ......that's a zero + 163 Release the Alt key and you should have £


Here is a link to the page http://www.nouilles.info/keyboard_shortcuts.html All the shortcuts and answers you'll ever need.
SORRY does not work on my Thai keboard?
Are you using the numeric keypad to the right of the keyboard. The <alt>+ shortcuts usually do not work with the number keys along the top of the keyboard. (If you're using a laptop, there's probably an embedded numeric keypad where you press <Fn>)

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Re: GBP vs THB

Post by StevePIraq » Thu Oct 20, 2016 1:14 pm

One forex shop in MV offering 42.013 to the GBP this morning
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Re: GBP vs THB

Post by PET » Fri Oct 21, 2016 3:40 pm

wpcoe wrote:
PET wrote:
robcar wrote:I have the same problem with this rubbish Thai keyboard.

Hold down the Alt key (by the space bar) and hit 0163 ......that's a zero + 163 Release the Alt key and you should have £


Here is a link to the page http://www.nouilles.info/keyboard_shortcuts.html All the shortcuts and answers you'll ever need.
SORRY does not work on my Thai keboard?
Are you using the numeric keypad to the right of the keyboard. The <alt>+ shortcuts usually do not work with the number keys along the top of the keyboard. (If you're using a laptop, there's probably an embedded numeric keypad where you press <Fn>)
Thank you very much it works now !!
VERAX - What matters in life is not where you are from but where you are going.

PET
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Re: GBP vs THB

Post by PET » Fri Oct 21, 2016 4:34 pm

StevePIraq wrote:One forex shop in MV offering 42.013 to the GBP this morning
Is this meant to be a good rate?

Kasikornbank rates a few minutes ago:-
Sterling buying Telex Transfer and ATM 42.515 and for Bank notes 41.496
VERAX - What matters in life is not where you are from but where you are going.

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