GBP vs THB

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HHTel
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Re: GBP vs THB

Post by HHTel » Fri Oct 21, 2016 10:53 pm

Current rate at the bank is 42.22 and higher for telex transfers. Wouldn't give my money to StevePiraq

PET
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Re: GBP vs THB

Post by PET » Sat Oct 22, 2016 6:41 am

HHTel wrote:Current rate at the bank is 42.22 and higher for telex transfers. Wouldn't give my money to StevePiraq
Sorry HH rates are still better- see Kasikornbank rates http://www.kasikornbank.com/EN/RatesAnd ... hange.aspx
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HHTel
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Re: GBP vs THB

Post by HHTel » Sat Oct 22, 2016 8:41 am

It's swings and roundabouts. All in all the differences are a few satang. Bangkok Bank has a lower base exchange rate than Kasikorn but a higher rate for telex transfers.

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StevePIraq
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Re: GBP vs THB

Post by StevePIraq » Sat Oct 22, 2016 11:35 am

HHTel wrote:Current rate at the bank is 42.22 and higher for telex transfers. Wouldn't give my money to StevePiraq

Oh go on please give me some
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loverboy44
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Re: GBP vs THB

Post by loverboy44 » Sun Oct 23, 2016 3:47 am

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

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I am not sure if i may say this.....but what an idiot this guy is....incredible.......enjoy your time at your clinic!

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Re: RE: Re: GBP vs THB

Post by Matlot » Sun Oct 23, 2016 7:58 am

loverboy44 wrote:
Matlot wrote:Don't matter I have a good job here too! And a healthy 401k in America.

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I am not sure if i may say this.....but what an idiot this guy is....incredible.......enjoy your time at your clinic!
I don't work in a clinic, and I can assure you..... I am no idiot ;-)

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Drgonzo
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Re: GBP vs THB

Post by Drgonzo » Sun Oct 23, 2016 11:58 am

"He was a dreamer, a thinker, a speculative philosopher...or, as his wife would have it, an idiot"
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Matlot
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Re: GBP vs THB

Post by Matlot » Sun Oct 23, 2016 12:17 pm

How correct old Douglas was, Seems to me the only dreamers are those who come to Thailand

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Re: GBP vs THB

Post by Matlot » Sun Oct 23, 2016 12:18 pm

With no money or even a back up when the currency fluctuates a little!

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HHTel
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Re: GBP vs THB

Post by HHTel » Sun Oct 23, 2016 3:02 pm

when the currency fluctuates a little!
Hardly a little with regard to GBP which is what this thread is about.

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JimmyGreaves
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Re: GBP vs THB

Post by JimmyGreaves » Fri Oct 28, 2016 7:59 am

HHTel wrote:
when the currency fluctuates a little!
Hardly a little with regard to GBP which is what this thread is about.

Too True!
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BrianT
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Re: GBP vs THB

Post by BrianT » Mon Oct 31, 2016 4:12 pm

Haha, totally agree.

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Re: GBP vs THB

Post by Bluesky » Mon Oct 31, 2016 9:58 pm

Pound Is October’s Worst Performer as Brexit Angst Haunts Market
Marianna Duarte De Aragao
aragaomarianna
October 31, 2016 — 5:10 PM WIB Updated on October 31, 2016 — 9:39 PM WIB

The pound is the world’s worst-performing currency this month, trailing behind about 150 peers, as the first signs of how Brexit will look emerged in October.
Sterling headed for its biggest monthly decline versus the dollar since the U.K. voted in June to leave the European Union amid speculation that the government is headed for a so-called hard Brexit, where unfettered access to Europe’s single market is sacrificed for immigration controls. The pound dropped after political headlines and comments from lawmakers and central-bank officials underlined its vulnerability as concern about Britain’s exit from the world’s largest trading bloc intensified.

“This month has all been about hard Brexit concerns coming to the forefront,” said Viraj Patel, a foreign-exchange strategist at ING Groep NV in London. “It’s typical for a currency trading under heightened political uncertainty to be vulnerable to new news, either good or bad, and this will be an ongoing factor until we get clarity” over the nation’s future relationship with the EU, he said.
The pound dropped 0.2 percent to $1.2157 as of 2:38 p.m. London time, headed for a monthly decline of 6.3 percent, the most since June, when it plunged 8.1 percent. Sterling has fallen every month since April, cementing its position as the worst-performing major currency this year, having weakened more than 17 percent.

The Bank of England is due to make its interest-rate decision and publish its quarterly inflation report on Thursday amid speculation that Governor Mark Carney may announce a decision on his future at the central bank. Speaking to a House of Lords committee last week, Carney deflected questions on whether he plans to serve a full eight-year term as governor through to 2021, or leave in 2018 as he originally planned.
Swaps signal about a 3 percent probability of a rate cut when the central bank announces its policy decision on Nov. 3. The inflation report follows data last week that showed U.K. growth slowed less in the three months through September than analysts predicted, the first quarterly figures since the June vote to leave the EU.
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https://www.bloomberg.com/news/articles ... nts-market

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StevePIraq
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Re: GBP vs THB

Post by StevePIraq » Tue Nov 01, 2016 11:55 am

But that is against the US$ and this discussion is GBP to the Thai Baht which is what most Brits ae concerned about. Maybe start a GBP to USD thread.
In the last 10 years the GBP has dropped 40% against the Thai baht and may be even worse over a longer period. 10 years ago it was 70.5 baht to the Pound, now 42.
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Re: GBP vs THB

Post by Big Boy » Tue Nov 01, 2016 12:06 pm

25 years ago, it was 31 Baht to the Pound. :shock:
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