Strong baht may finally weaken, according to Bloomberg

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Up2u
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Re: Strong baht may finally weaken, according to Bloomberg

Post by Up2u »

Dollar falling again, flirting with 30.

Up2u
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Re: Strong baht may finally weaken, according to Bloomberg

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The dollar drops below 31.

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Gaybutton
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Re: Strong baht may finally weaken, according to Bloomberg

Post by Gaybutton »

Up2u wrote:
Fri Nov 06, 2020 5:24 pm
The dollar drops below 31.
I think, or at least I hope, the exchange rate will improve after the election.

whitedesire
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Re: Strong baht may finally weaken, according to Bloomberg

Post by whitedesire »

We keep hoping that there is a more preferable baht rate to the dollar, but it never happens, the dollar is far too strong. However, various economic media outlets are saying that a Biden presidency will weaken the US dollar. How many times have we heard of stories like this!!

That's unless of course "interfering countries" manipulate their currency and/or investors pour money into their respective countries.

I've heard all this before.

Then there is the Chinese digital currency that is predicted in future years to dominate the world's stage.

In the meantime, I'm happy my pension funds took a northern run today with the stock markets due to the vaccine news - some indexes still far away from their highs, apart from the US indexes of course, which nearly touched 30,000 today (Dow Jones).

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