GBP vs THB

Post by **BaaBaa.** » Wed Sep 10, 2008 7:08 pm

Or this.

http://www.x-rates.com/d/THB/GBP/graph120.html

sargeant · Post by **sargeant** » Wed Sep 10, 2008 7:28 pm

Thanks chasps i have them both in favourites now so ill try them and see which one does for me

sargeant · Post by **sargeant** » Thu Sep 11, 2008 3:18 pm

Fine chasps worked a treat both of them

Small problem do you have a link where the rate of exchange gets more baht to the pound each day those 2 are broken it got less than yesterday today

Super Joe · Post by **Super Joe** » Thu Sep 11, 2008 3:25 pm

Sarge wrote:

do you have a link where the rate of exchange gets more baht to the pound

Do you have a post with more punctuation than emoticons ?

SJ

Spitfire · Post by **Spitfire** » Tue Sep 16, 2008 9:17 pm

Maybe I'm asking a rhetorical question here, but is the UK pound doing that bad that an exotic currency like the Baht is gaining strength against it?
Thailand is not doing well at the moment with the political problems, ecomony on shady ground etc, it just seems a bit strange. Maybe some of you that have currency experience can enlighten us laymen about 'why'.

Went to the SCB and it was at 59 to the pound a few days ago and couldn't believe it.

What is the deal with this?

If the pound is not doing well, not sure why the baht is doing so fine. Sure I'm missing something but would like to here the score.

sargeant · Post by **sargeant** » Tue Sep 16, 2008 9:24 pm

I have just noticed your post S.J. answer is yep..,,????,,!!!!!;;::""
That should do me for a week.

I wish i could understand it it sure as hell dont make sense to me either.

sargeant · Post by **sargeant** » Tue Sep 16, 2008 9:47 pm

Just checked with nationwide online banking Mrs Sarge purloined 10,000 on sunday 161.42 quid = 62.11 per sov.
Using my favourites (cos WL is a gin yus) checked forex and its still 62.09 selling rate

Super Joe · Post by **Super Joe** » Wed Sep 17, 2008 1:17 am

sargeant wrote:Just checked with nationwide online banking Mrs Sarge purloined 10,000 on sunday 161.42 quid = 62.11 per sov.

Don't worry Sarge she spent it wisely, the smoked salmon starter was beautiful, and that wine .......

SJ

Post by **Randy Cornhole** » Wed Sep 17, 2008 1:21 am

More like double sausage egg and bacon...

Super Joe · Post by **Super Joe** » Wed Sep 17, 2008 1:34 am

Randy Cornhole wrote:More like double sausage egg

Thanks for noticing

Maybe I'm asking a rhetorical question here, but is the UK pound doing that bad that an exotic currency like the Baht is gaining strength against it?

Hi spitfire, it all confuses the hell out of me but the Pound seems to have gone down the pan big time since the property crash/credit crunch hit. Thailands political problems are maybe a potential disaster, whereas the UK's economy is a realtime disaster!?
Here's what the Pound has done recently against a fragile Dollar.

SJ

Post by **Guess** » Wed Sep 17, 2008 4:17 am

In the last three months the dollar has gained value and the pound has dropped. The pound shows indications now that a reversal may take place. The Thai Baht has been fairly stable.

A comparison between the USD and the UKP does not really tell you much.

Compare all three against the Swiss Franc and you will get a much better idea of how they have all fared.

I think it is early days to say the pound is going down the pan. With the strong Euro which now seems to be weakening and the dollar gaining it looks like everything is getting back to equilibrium.

If the Baht remains stable and the other trends continue for the next month it should see the Pound buying 65 Baht again.

It's all speculation though. This could just be the calm before the storm.

I get the feeling there has been a bit of panic with the recent oil and food price hikes which has now calmed down.

Water finds its own level. Eventually.

sargeant · Post by **sargeant** » Wed Sep 17, 2008 10:43 am

Just been listening to a quote "professor of Economics" on the BBC i was left wondering as a university lectureer i wonder what they were teaching before that has led to this balls up in the financial world today.And more to the point why listen to the tossers now

Are professors of economics the same as iatrists and ologists and just guessing

I still dont understand the save at all costs fannie mae and freddie mac let lehman bank go down the tubes save AIG is it just alternate businesses that get saved

Post by **Guess** » Wed Sep 17, 2008 11:12 am

sargeant wrote: Are professors of economics the same as iatrists and ologists and just guessing ?

Yes it is not an exact science like mathematics or physics but they learn as time goes by and pass what is learned onto students. You must remember the economic shambles of the seventies and eighties in the UK, which seemed to always get hit the hardest. The last straw was the failing of the last real English merchant bank, Barings & Co. due to gross incompetence. I reckon the BofE and the British banks and economists are a lot sharper nowadays. The UK has had one of the most stable economies in the world since 1997. No matter how much you know about the subject there are still outside influences that are completely unexpected.

sargeant wrote: I still dont understand the save at all costs fannie mae and freddie mac let lehman bank go down the tubes save AIG is it just alternate businesses that get saved

There will be a whole load of reasons why assistance is handed to some and not others. Some of these reasons may be political rather than commercial.

sargeant · Post by **sargeant** » Wed Sep 17, 2008 11:42 am

Yes guess i do remember the 70s and 80s and under extreme pressure from the American financial giants we were not allowed to bail out companys Market forces will prevail quote unquote sheer bluddy hypocricy i call it.
As for being an inexact science this debacle shows it isnt even a science black magic and voodoo more like
as for the British banks and economists are a lot sharper nowadays. You are having a larf arent you northern rock barclays largest rights issue ever BOE stuffing taxpayers money in. HBOS and massive right offs the pound heading for the U bend come on give me a break
They are just a bunch of greedy conmen operating an American system for the benefit of American house buyers and mortgage sellers
Live the american dream buy a 25 million$ house on 3,000 dollars a month income dont worry you will be homeless but the brits Aus German Dutch Finns and especially the pensioners will pay the price

AAAAHHHHHH that feels better

Post by **STEVE G** » Wed Sep 17, 2008 12:20 pm

Barclays have done alright out of the Lehmans bankruptcy; they’ve just bought their New York investment-banking unit for 1.75 billion US and the property value of the offices alone is 1.5 billion!