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Re: thai baht rate update
Quote:
Originally Posted by jkljkl
Just saw a new super rich $$ changer counter setup at the linkway between airport rail link and phaya thai BTS.
Not in operation yet. The counter is empty now, only a signage is put up.
Exchange rate in BKK seems to be fall in since Monday. It's now
25.45, compared to the Monday high of 25.95.
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Super rich is at 25.60 and 25.70 (1000 note). THB is still on the retreat due to the political turmoil, so not worthy of entering the market now. The slight drop in rate is due to SGD also weakening in the same period due to the article in NYT about Singapore facing a Iceland-style meltdown. It's knee-jerk and I expect SGD to cross 26.00 by next week.
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