Korat-Farang.com

The pound is on the up

JASONTHAI · 86 · 8716

0 Members and 1 Guest are viewing this topic.

Online Roger

  • Administrator
  • Wisdom in Forum
  • *****
    • Posts: 5139
De groeten Robert

Sorry to hear yours.

As far as the 'hatred' is concerned - of course you are right     :'(

But any reversion in 'Ireland' is as much the fault of the EU Gods as anyone else.

Never mind - you TCOY and  yes, let's hope all retirees get a fair rate, given the circumstances.

ATB Roger
''If you can't explain it simply, you don't understand it well enough'' - Albert Einstein


Offline Alfie

  • Forum Guru
  • **********
    • Posts: 8638
The pound has been on the rise since the end of December/beginning of January. What happened then?




Online Roger

  • Administrator
  • Wisdom in Forum
  • *****
    • Posts: 5139
Alfie I'm guessing what happened about then, was growing confidence in the immediate future of the UK given visible progress with vaccines and the move towards wider immunity. 

Well done BJ and Co., on that, if not too much else   :-\
''If you can't explain it simply, you don't understand it well enough'' - Albert Einstein


Offline Alfie

  • Forum Guru
  • **********
    • Posts: 8638
Alfie I'm guessing what happened about then, was growing confidence in the immediate future of the UK given visible progress with vaccines and the move towards wider immunity.

Maybe. I thought it might be Brexit related as it coincides nicely with the end of the Brexit negotiations and the UK finally being free from the EU.


Offline Coolkorat

  • KFers beyond Korat
  • Forum Sage
  • *****
    • Posts: 1263
  • Whichever way you throw, it will stand
    • Pix Isaan

Offline Coolkorat

  • KFers beyond Korat
  • Forum Sage
  • *****
    • Posts: 1263
  • Whichever way you throw, it will stand
    • Pix Isaan
Interesting article on ASEAN NOW today: Baht swing

Some of the replies are worth reading - I hope the pessimist who is suggesting social unrest is wrong. Interesting that someone else sees a HiSo conspiracy to maintain a strong baht as a prop to launder money abroad (I am not sure they really understand the concept of money laundering: its hardly dirty, ill-gotten money. If what they meant was there is a HiSo conspiracy to maintain a strong baht to squirrel as much money as possible in Zurich/London/Singapore I'd be completely onboard).

Does this mean the baht will drop? I'm not sure. Perhaps for those who get their primary income in USD or EUR it will. Not sure about AUD or NZD.  Sadly I think the poor old GBP will continue to take a hit because of structural issues in the UK economy (Brexit fall-out, inflation, cost of living). 50/1 would be a good result - who knows.......