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General => General Discussion => Topic started by: JASONTHAI on April 27, 2017, 04:20:17 PM

Title: The pound is on the up
Post by: JASONTHAI on April 27, 2017, 04:20:17 PM
Been keeping a close eye since TM said there would be a general election on the 8th June, the pound as I write this is 44.60, how high do you think it could go ?
Title: Re: The pound is on the up
Post by: Roger on April 27, 2017, 05:10:04 PM
Jason. I use xe.com and it shows B44.65 £1. Thanks for the alert !
Earlier today I looked and £ had crept to B44.20
That's fantastic IF it holds.
How high ? I'd like to think over the next 6 months, £ can make B46 with the UK elections done and Brexit underway ! Maybe back to around B50 next year.
But if I knew what I was talking about I wouldn't be sitting here. I'd be rich !
Title: Re: The pound is on the up
Post by: Alfie on April 27, 2017, 09:57:15 PM
If the Bank of England raises interest rate, or hints that it will, the pound will rise further. The ECB kept theirs on hold today. That said, apparently the latest rise in the value of the pound has all been about the election on June 8 and the likelihood that the Tories will gain many more seats, so watch the polls between now and then as they could affect the pound - Tories strong, pound strong; Tories weak, pound weak. 
Title: Re: The pound is on the up
Post by: Teessider on April 28, 2017, 02:09:29 AM
A year ago the rate was 51 bt, tories have devalued the £ by 20%
Title: Re: The pound is on the up
Post by: jivvy on April 28, 2017, 08:22:43 AM
Brexit  devalued the pound!!!
Title: Re: The pound is on the up
Post by: Anton on April 28, 2017, 09:28:58 AM
Brexit  devalued the pound!!!

And the Euro!
Title: Re: The pound is on the up
Post by: nookiebear on April 28, 2017, 03:02:40 PM
Brexit  devalued the pound!!!
Dead on
Title: Re: The pound is on the up
Post by: Roger on April 28, 2017, 04:07:15 PM
All said and done, B46 was the rate 7 years ago and xe.com is showing B44.8 atm.
Its seems to be holding around that for now.
But last year it was touching B55 which was nice !

I don't think Brexit devalued the Euro - maybe the Euro did that.
Title: Re: The pound is on the up
Post by: Robert on April 28, 2017, 04:49:44 PM
Hmmm ....

In the good old days (2008) 1 pound was good for Thb 71 while I would get Thb 51 for my Euro. Difference now not so big between pound and if you take into consideration that the Euro moved closer to the dollar. IMHO Brexit indeed lowered the pound more.
Title: Re: The pound is on the up
Post by: Roger on April 28, 2017, 05:05:12 PM
Hi Robert. I'd heard about the good ole' days at B71 but I didn't realise that was just 2008. I missed that when I arrived in 2010 getting just B46 then I think.
Title: Re: The pound is on the up
Post by: dam12641 on April 28, 2017, 08:38:18 PM
48 by mid June.
Over 50 by Christmas.

IMHO
Title: Re: The pound is on the up
Post by: nookiebear on April 29, 2017, 06:21:25 AM
Hmmm ....

In the good old days (2008) 1 pound was good for Thb 71 while I would get Thb 51 for my Euro. Difference now not so big between pound and if you take into consideration that the Euro moved closer to the dollar. IMHO Brexit indeed lowered the pound more.
In the good old days through the 80's the pound was 34 baht hardly ever moved
Title: Re: The pound is on the up
Post by: JASONTHAI on April 29, 2017, 11:21:36 AM
Hmmm ....

In the good old days (2008) 1 pound was good for Thb 71 while I would get Thb 51 for my Euro. Difference now not so big between pound and if you take into consideration that the Euro moved closer to the dollar. IMHO Brexit indeed lowered the pound more.
In the good old days through the 80's the pound was 34 baht hardly ever moved

And how much was beer and cigs a lot cheaper than now so you still have more buying power than now when it was 34 Baht
Title: Re: The pound is on the up
Post by: Robert on April 29, 2017, 01:27:49 PM
Hmmm ....

In the good old days (2008) 1 pound was good for Thb 71 while I would get Thb 51 for my Euro. Difference now not so big between pound and if you take into consideration that the Euro moved closer to the dollar. IMHO Brexit indeed lowered the pound more.
In the good old days through the 80's the pound was 34 baht hardly ever moved

And how much was beer and cigs a lot cheaper than now so you still have more buying power than now when it was 34 Baht

Our house was built in 2008 and labour/materials were cheaper then and I got a better rate (win/win IMHO). I do not drink alcolhol neither do I smoke so these items are not relevant to me.
Title: Re: The pound is on the up
Post by: Alfie on April 29, 2017, 06:14:12 PM
tories have devalued the £ by 20%

Brexit  devalued the pound!!!

And the Euro!

Currency traders are to blame.
Title: Re: The pound is on the up
Post by: Hector on April 30, 2017, 06:42:22 AM
"Currency traders are to blame."  Alfie is absolutely correct!
Title: Re: The pound is on the up
Post by: Anton on April 30, 2017, 08:51:30 AM
"Currency traders are to blame."  Alfie is absolutely correct!

Yes but why are they allowed to speculate?
Title: Re: The pound is on the up
Post by: nookiebear on April 30, 2017, 09:07:14 AM
Hmmm ....

In the good old days (2008) 1 pound was good for Thb 71 while I would get Thb 51 for my Euro. Difference now not so big between pound and if you take into consideration that the Euro moved closer to the dollar. IMHO Brexit indeed lowered the pound more.
In the good old days through the 80's the pound was 34 baht hardly ever moved

And how much was beer and cigs a lot cheaper than now so you still have more buying power than now when it was 34 Baht
Small beers were still 40 baht upwards in Pattaya in the good old days,,,,,,but the choice was limited to Singha,Kloister & Amarit........Chang & Leo came along a lot later.The bar fines never exceeded a 100 baht. Short times 250baht,long time 400-500 baht.Diesel was 4 baht/litre!
Title: Re: The pound is on the up
Post by: caller on April 30, 2017, 12:07:46 PM
"Currency traders are to blame."  Alfie is absolutely correct!

Yes but why are they allowed to speculate?

For once, we are in full agreement!  ;)
Title: Re: The pound is on the up
Post by: Robert on April 30, 2017, 12:14:02 PM
Seems like the currency traders and agencies like Fitch, Moody's, Standard & Poor are in real control of our planet.....
Title: Re: The pound is on the up
Post by: dereklev on May 02, 2017, 10:02:55 AM
My pension arrived today and 1 got an fx rate of 44.35 THB compared to 42.55 THB last month.

Same increase again next month please ;D
Title: Re: The pound is on the up
Post by: jivvy on May 02, 2017, 10:21:33 AM

mine came last week at 43.70 so the exchange definitely seems to be on the up
Title: Re: The pound is on the up
Post by: JASONTHAI on May 05, 2017, 05:27:46 PM
Up to 44.87 as I am writing this should hit 45-46 just after the elections and stay this way until something big happens again like an increase of interest rates which should happen in 2018 that hopefully will push it up to 48 and once we sort the brexit crap out then we will be back up to the 50 - 55 again hopefully
Title: Re: The pound is on the up
Post by: JASONTHAI on May 06, 2017, 08:58:31 AM
It's hit 45 today
Title: Re: The pound is on the up
Post by: Roger on May 06, 2017, 10:03:22 AM
Good news Jason ! Next stop B50 ?  ;)
Title: Re: The pound is on the up
Post by: nookiebear on May 07, 2017, 10:28:58 AM
44.65 in the exchange booths in Pattaya
Title: Re: The pound is on the up
Post by: JASONTHAI on May 10, 2017, 04:09:35 PM
44.65 in the exchange booths in Pattaya

that's Pattaya, Farang have big money there so they can take a slight drop according to a Thai girl I know LOL,  ;D
Title: Re: The pound is on the up
Post by: Teessider on May 11, 2017, 04:54:47 AM
Still 20% down in a year under the so called economic experts in the Conservative govt.
Title: Re: The pound is on the up
Post by: JASONTHAI on May 11, 2017, 08:01:34 AM
Still 20% down in a year under the so called economic experts in the Conservative govt.

It's has nothing to do with the conservatives but with the vote To leave the European Union, drop from 54/55 - 42, now running at 45 so at least going up, only people I see now to make a huge difference to the pound going up is the BOE if they raise interest rates which will need to be done in the next 12 months as inflation is raising
Title: Re: The pound is on the up
Post by: JASONTHAI on May 11, 2017, 08:58:42 AM
Still 20% down in a year under the so called economic experts in the Conservative govt.

So you are saying if Labour were in power then the pound would be backup to normal levels LOL bring back the monster raving looney party
Title: Re: The pound is on the up
Post by: jivvy on May 11, 2017, 09:50:42 AM
Quote
bring back the monster raving looney party

It's still here but now it is called UKIP    ;D
Title: Re: The pound is on the up
Post by: Roger on June 02, 2017, 07:01:32 AM
Whoopee !  ;D
£1 has climbed back to B44 at last ! (xe.com B44.02)
B45 next ? (After the Tories sweep home next week ?)
B50 in early 2018 ?
MMMMmmmm . . .
Title: Re: The pound is on the up
Post by: Roger on June 28, 2017, 04:52:54 PM
This may cheer up one or two - the £ is at B 43.6 atm (xe.com) having dipped below B43 in recent weeks. Onwards and upwards then - hopefully.
Title: Re: The pound is on the up
Post by: Coolkorat on June 28, 2017, 05:25:48 PM
As an aside, I have received my Monzo card (see https://monzo.com/ (https://monzo.com/)). I am a big advocate of alternative/ disruptive banking - it shakes up an establishment that really needs shaking.
Title: Re: The pound is on the up
Post by: JASONTHAI on June 29, 2017, 05:17:27 AM
This may cheer up one or two - the £ is at B 43.6 atm (xe.com) having dipped below B43 in recent weeks. Onwards and upwards then - hopefully.

Up to 43.92 with the BOE saying they might put up interest rates soon
Title: Re: The pound is on the up
Post by: JASONTHAI on June 29, 2017, 01:00:54 PM
It's now 44.02 slowly creeping up might hit 45 before the end of the year :)
Title: Re: The pound is on the up
Post by: Spursruss on June 29, 2017, 01:13:55 PM
It's now 44.02 slowly creeping up might hit 45 before the end of the year :)

I agree.  The next MPC announcement is on 3 August.  Let's hope for a rate rise then.
Title: Re: The pound is on the up
Post by: JASONTHAI on June 30, 2017, 07:14:49 AM
44.23 and getting higher as I speak, I don't think a rate cut will be good for us Derek as that will weaken the £ we need a rate increase to push the £ up more
Title: Re: The pound is on the up
Post by: Roger on June 30, 2017, 07:22:11 AM
Jason is DerekL talking about a rate cut in the USA ?
Let's hope Carney and Co put the UK interest rate up asap.
Heading for B45 soon ?
Title: Re: The pound is on the up
Post by: Spursruss on June 30, 2017, 12:46:00 PM
An increase in UK interest rates is of course not all good news for any expats receiving index-linked occupational pensions.  The sole purpose of the rise is to reverse the recent increase in inflation and move it back towards the MPC's target of 2%.
Title: Re: The pound is on the up
Post by: dereklev on July 01, 2017, 07:55:27 AM
I have corrected my post it should have read...

I think the weakness of the USD is underwriting the increase in the GBP.

A rate rise would not be great for those back in the UK other than to curb inflation but with luck will be good for us out here.
Title: Re: The pound is on the up
Post by: Roger on July 15, 2017, 09:09:15 AM
The £ is back to B44.3 on XE.com.
 ;D
Title: Re: The pound is on the up
Post by: Roger on September 13, 2017, 02:42:58 AM
On xe.com the £ now nudging over B44 !
Title: Re: The pound is on the up
Post by: caller on September 13, 2017, 09:39:30 AM
Cue the Governor of the bank of England to talk it down again.
Title: Re: The pound is on the up
Post by: Roger on September 15, 2017, 05:43:45 PM
Oh Joy !!

''XE Currency Converter: GBP to THB

1 GBP =44.9783THB
British Pound

1 THB = 0.0222329 GBP
2017-09-15 10:41 UTC

All figures are based on live mid-market rates. These rates are not available to consumer clients.
''

ATB
 
Title: Re: The pound is on the up
Post by: Alfie on September 16, 2017, 12:07:58 PM
44.99 today. Up 3% in 3 days.

Cue the Governor of the bank of England to talk it down again.

Fortunately not, but rather remarks by two members of the Band of England's Monetry Policy Commitee that a rate rise could come soon.
Title: Re: The pound is on the up
Post by: enrico on September 16, 2017, 05:34:26 PM
i predicted three months ago, to my pals at my local?   that by christmas  the pound will be around 50 bht..mrs may and philip hammond will be gone..and we will walk away from the E.U.   no deal .all by christmas...     well it looks like it might happen..i hope so  E.F.M.
Title: Re: The pound is on the up
Post by: Anton on January 04, 2018, 06:39:52 AM
i predicted three months ago, to my pals at my local?   that by christmas  the pound will be around 50 bht

So, how much is the pound today, Enrico?



Plunging Pound Saps Expat Pension Spending Power (http://www.iexpats.com/plunging-pound-saps-expat-pension-spending-power/)

Brexit and the falling Pound is damaging the wealth of British expat pensioners around the world.

The spending power of their state and personal pensions has dipped by a fifth in the past two years, claims research by pension administrator Equiniti.

And although expats in the Eurozone have suffered the worst financially, few British retirees around the world have avoided the devaluation of their pensions.

iExpats full article 01.01.2018 (http://www.iexpats.com/plunging-pound-saps-expat-pension-spending-power/)
Title: Re: The pound is on the up
Post by: Roger on January 04, 2018, 04:56:00 PM
Anton after touching B44 briefly, I think the £ is back to about B43.6.

Yep Enrico got it wrong and so did I !!

Try xe.com next time you need a rate - it's OK.

Thanks for the iExpats link.
Title: Re: The pound is on the up
Post by: Roger on January 16, 2018, 05:33:52 AM
£ is back to B44 I see - hold or trend ?  :-\

I have to bring some funds inwards in the next few months - so more please !
Title: Re: The pound is on the up
Post by: dereklev on January 16, 2018, 07:25:03 AM
I am no expert but I think the rise in the GBP against the THB is down to the weakening USD rather than any strength in Sterling.

Probably best to ask your wife's fortune teller when to transfer funds 8)
Title: Re: The pound is on the up
Post by: Robert on January 16, 2018, 08:08:19 AM
For comparison I used TT rates as this is approximately the rate when sending money to Thailand.

January 15:
1 USD = Thb 31,74
1 GBP = Thb 43,43500
1 Euro = Thb 38,54750

January 16:
1 USD = Thb 31,81
1 GBP = Thb 43,65750
1 Euro = Thb 38,76

Value GBP and Euro against USD:

January 15
1 GBP = 1,36846 Usd
1 Euro = 1,21447 Usd

January 16:
1 GBP = 1,37244 Usd
1 Euro = 1,21848 Usd

So if my math is correct higher rates for GBP and Euro resulting in more Thb plus fact that Usd up a little but (from 31,74 to 31,81). All little things help  ;D ;D ;D

Title: Re: The pound is on the up
Post by: Roger on January 16, 2018, 04:16:53 PM
Thanks Robert. £ still over B44 atm. ATB
Title: Re: The pound is on the up
Post by: Robert on January 16, 2018, 04:27:43 PM
Thanks Robert. £ still over B44 atm. ATB

Hi Roger,

I have been transferring Euro's from my Dutch bank account to my Thai Bank account for 11 years now and TT rate from Bangkok Bank comes closest to the rate I receive. If I would add selling and buyin rate and divide by two would mean Euro is now Thb 39,09 but that rate I will not get. Maybe if I use cash but that is not possible for me. Do hope rates Pound AND Euro will continue to rise.

Robert
Title: Re: The pound is on the up
Post by: nookiebear on January 17, 2018, 11:44:40 AM
Where are the SUPER RICH kiosks located in KORAT?
Title: Re: The pound is on the up
Post by: Alfie on January 17, 2018, 07:59:31 PM
Where are the SUPER RICH kiosks located in KORAT?

There's one in the Mall and one in Terminal 21. See this thread (http://korat-farang.com/forum/index.php?topic=6706.msg73103#msg73103).

Title: Re: The pound is on the up
Post by: Roger on January 24, 2018, 05:53:03 AM
Jason the £ is almost back to where it was when you started this thread April 2017 !
Then B44.6. Now B44.56. Peak or trend ? (Rates from xe.com)

From the DT today :-

''How high could it go? Analysts are optimistic that the currency will make further improvements this year. Analysts at Bank of Tokyo-Mitsubishi UFJ forecast the pound to trade within a range of $1.28 and $1.43 in the first quarter of this year and $1.31 to $1.46 in the second quarter. They predict that by the final quarter of the year, the pound could be trading at between $1.33 and $1.50. Mr Eakers predicted that the currency would recover to $1.50 or even $1.60 “in the longer term”. ING’s Mr Patel said that for the pound to reach $1.50, it would take a 5pc decline in the dollar and a 3pc rally in the pound. “You can see what’s doing the heavy lifting”.

It should also be noted that sterling’s performance against other currencies has not been as favourable as the US dollar. Mr Eakers said: “If you look at sterling-euro, we’re still way off where we were when the Brexit referendum occurred.” The Bloomberg British Pound Index, which measures sterling against a basket of major currencies, is at 695.11, which is well below the 777.61 it was measured at just before the Brexit referendum. Mr Eakers said that was largely driven by the strength of the euro, which itself is recovering after a period of being undervalued due to European Central Bank president Mario Draghi’s expansionary monetary policy. He warned that, while the euro is being buoyed by positive sentiment following elections in Germany and France, concerns about the outcome of the upcoming Italian elections could result in some traders betting against the euro, which could boost the pound against the euro
.''

Let's hope this is a trend !  ;)

http://www.telegraph.co.uk/business/2018/01/23/pound-gains-driven-weaker-dollar-could-keep-rising/
Title: Re: The pound is on the up
Post by: Robert on January 24, 2018, 07:00:32 AM
The money traders the real power in the world today. Betting on currencies has a too big influence on the life of the average people IMHO. I am for sure not naive but looks like everything is money driven nowadays. Just have a look at the bitcoin crazyness.
Title: Re: The pound is on the up
Post by: Roger on February 08, 2018, 07:13:03 PM
The £ is back at B44.6 on XE.com
 ;D
Title: Re: The pound is on the up
Post by: Roger on April 16, 2018, 04:27:55 PM
The £ is back at B44.6 on XE.com  ;D   ;D
Title: Re: The pound is on the up
Post by: Coolkorat on April 17, 2018, 04:17:55 PM
The £ is back at B44.6 on XE.com  ;D   ;D

GBP/THB is currently trending lower: The investing.com indicators are pointing to neutral, but the sentiment amongst watchers of this currency pair is bearish (i.e. negative on the GBP element - the baht will strengthen). https://www.investing.com/currencies/gbp-thb-technical (https://www.investing.com/currencies/gbp-thb-technical)

Any baht strengthening is likely to be limited: it is difficult to see how Thailand benefits from a strong baht, other than for internal politics. The Bank of Thailand appears to be keeping baht trade within a narrow window against a basket of currencies, a 'sweet spot' that balances import costs vs export revenue. With tourism remaining strong, it is hard to argue against their strategy.

The B of T is walking a line between the US and China: interestingly, what will be the consequences for Thailand and the One Road Expansion if China is forced to rebase the Yuan? Did Thailand have the foresight to agree deals with China that are currency-neutral? Or will the infrastructure projects result in generations of debt to China..
Title: Re: The pound is on the up
Post by: Roger on January 28, 2020, 06:21:15 PM
B 40.2 to GBP on XE now. GLA
Title: Re: The pound is on the up
Post by: Alfie on January 31, 2020, 10:32:50 PM
41.1 baht to the pound now, almost 1.32 USD to the pound and 1.19 Euros to the pound.
Title: Re: The pound is on the up
Post by: Roger on February 09, 2020, 02:09:54 PM
The GBP rate has backed off a little but I'm DELIGHTED to report I got B 40.1 on my transfer of February funds last Friday. A pleasant boost on just over B36 a few months ago. GLA
Title: Re: The pound is on the up
Post by: Tiggs on February 10, 2020, 01:04:54 PM
yes roger nice to see even a little rise in the £. shame if it rises because of the virus. expect the baht to weaken - according to a data compiled by Bloomberg International funds withdrew US$562 million from Thai equities last month, the biggest sell-off in the first month of any year since 2011.
More withdrawals are likely as overseas investors expect the baht to weaken with tourism from China drying up, according to Asia Plus Securities.


Foreigners avoid Thai stocks with fewer tourists squeezing baht

more from bangkokpost.com (https://www.bangkokpost.com/business/1850199/foreigners-avoid-thai-stocks-with-fewer-tourists-squeezing-baht)
Title: Re: The pound is on the up
Post by: Coolkorat on February 10, 2020, 03:43:28 PM
Could be a turbulent time for the baht. The coronavirus impacting Chinese tourism and trade, and the terrible events of the weekend giving an impression of a threat of violence (however wrong). Sitting in the background is a pessimistic outlook for the global economy in 2020. PwC have published their global survey, link to it here (https://www.pwc.com/gx/en/ceo-agenda/ceosurvey/2020.html?WT.mc_id=CT3-PL300-DM1-TR2-LS40-ND40-TTA9-CN_GlobalCEOSurvey-Google-EUR)
Title: Re: The pound is on the up
Post by: Roger on February 26, 2020, 06:01:11 AM
B41.3 on XE this morning - keep going !
Title: Re: The pound is on the up
Post by: Coolkorat on February 27, 2020, 04:23:29 PM
B41.3 on XE this morning - keep going !

Now down to B40.75. I'm puzzled: the BofT should perhaps let the B take a battering and get the visitors coming back. At B50/GBP1 (and USD equivalent) it will make a significant difference to many local expat residents, boost exports and begin filling the hotels.
Title: Re: The pound is on the up
Post by: Anton on February 27, 2020, 04:50:47 PM
I'm puzzled: the BofT should perhaps let the B take a battering and get the visitors coming back

Just ask yourself who has an interest in a strong Baht, and puzzlement will quickly disappear.
Title: Re: The pound is on the up
Post by: Coolkorat on February 27, 2020, 05:44:18 PM
I'm puzzled: the BofT should perhaps let the B take a battering and get the visitors coming back

Just ask yourself who has an interest in a strong Baht, and puzzlement will quickly disappear.

You're exactly right Anton...! Embedded interests will always trump national interests.
Title: Re: The pound is NOT on the up - AGAIN
Post by: Roger on March 19, 2020, 11:19:08 AM
XE now showing Baht 37.6 to GBP   ::)

I moved last week just before the Baht started strengthening again and moved my B65K at 41.3   ;)   I'm not expecting to get that next month   >:(
Title: Re: The pound is on the up
Post by: Tiggs on March 19, 2020, 02:11:04 PM
living the dream is it turning into a nightmare for some.

lowest level in over 30 years, i feel for the expats who rely on their pension for the immig requirements, at a time like this when the country needs that money coming in from abroad, you would think they could lower the amount if only for say 1yr. lower the 800,000 +400,000.
after all that money in most cases is feeding a thai family. so what's it for.

The pound's weakness could partly stem from questions over how the UK government plans to pay for the emergency economic measures it has introduced, says Neil Wilson, chief analyst for Markets.com. more borrowing for the UK economy - how they gonna pay it back - or more important who is gonna pay it back. 

tearful the way things are going
Norwegian worried about his pension hangs himself in Sattahip -  Siriporn said that her husband had been stressed about his pension and this was why he took his life. She said that after his pension was not paid he had asked her to go online and check why.
She said she was the couple's only breadwinner and money was tight.source (https://forum.thaivisa.com/topic/1154374-bang-saray-norwegian-worried-about-his-pension-hangs-himself-in-sattahip/)
Title: Re: The pound is on the up
Post by: Roger on February 24, 2021, 03:13:22 PM
Yep !  B42.6 to GBP1 on XE right now   :) :) :)
Title: Re: The pound is on the up
Post by: Roger on April 03, 2021, 12:57:44 PM
B 43.2 to GBP 1  ;D

A helluva lot better than B 37 a while ago !

B 50 here we come LOL
Title: Re: The pound is on the up
Post by: Roger on April 06, 2021, 05:56:21 AM
B 43.6 to GBP on xe.com . . . . . lovely.
Title: Re: The pound is on the up
Post by: caller on April 06, 2021, 10:33:33 AM
B 43.6 to GBP on xe.com . . . . . lovely.

I think confidence in Thailand is on the wane Worldwide. What's happening in Myanmar has actually cast a negative light on the reality of Thailand. Any article on Myanmar in The Times, inevitably features Thailand and the comments on articles are full of Anti-Thai sentiment, Turning back refugees on the border in front of the media didn't help either. Then there is the lack of any effective vaccine plan.   
Title: Re: The pound is on the up
Post by: Roger on April 06, 2021, 03:32:35 PM
I agree Caller and more, I think a slightly upbeat view is taken of the UK because of vaccinations progress.

Long may this trend last    8)   8)   8)
Title: Re: The pound is on the up
Post by: Robert on April 06, 2021, 04:05:06 PM
Hurrah for all the Brits. Unfortunately not all members of this forum will profit. Maybe have to ask my pensionfund to send my money in pounds  ;D ;D ;D
Title: Re: The pound is on the up
Post by: Roger on April 06, 2021, 04:31:25 PM
Hi Robert - it's the day of your annual post LOL   ;)

Yes we Brits quite enjoy the occasional upturn or a stroke of fortune - sometimes it seems such events are a long time coming !

If you want to benefit from an improving GBP exchange rate, perhaps you should lobby your Pension Company to relocate in the efficient City of London   ;)

Otherwise as you know . . .

ATB
Title: Re: The pound is on the up
Post by: Robert on April 06, 2021, 05:42:46 PM
Hi Robert - it's the day of your annual post LOL   ;)

Yes we Brits quite enjoy the occasional upturn or a stroke of fortune - sometimes it seems such events are a long time coming !

If you want to benefit from an improving GBP exchange rate, perhaps you should lobby your Pension Company to relocate in the efficient City of London   ;)

Otherwise as you know . . .

ATB

Hi Roger,

I do not reply so much anymore as struggling with my health which is a little bit more important than a forum turning into English direction anyway.
Personally I wish all retirees of all countries living in Thailand get the best exchange rates. Moneytraders rule the world for a quick profit because if someone wins others loose. Gow on earth can exchange rates change so many times during one day?

Relocating to London? Maybe UK should try first to solve the problem between Ireland and Northern Iraland. At least before any fighting starts again because the hatred still exists IMHO.

De groeten (Dutch for greetings),
Robert

Title: Re: The pound is on the up
Post by: Roger on April 06, 2021, 08:46:38 PM
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
Title: Re: The pound is on the up
Post by: Alfie on April 08, 2021, 11:21:28 AM
The pound has been on the rise since the end of December/beginning of January. What happened then?


(https://i.imgur.com/pjaHsrQ.jpg)
Title: Re: The pound is on the up
Post by: Roger on April 08, 2021, 10:43:39 PM
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   :-\
Title: Re: The pound is on the up
Post by: Alfie on April 14, 2021, 05:45:19 PM
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.
Title: Re: Currency positions: USD/AUD/EUR/ GBP vs. THB
Post by: Coolkorat on May 05, 2021, 02:03:06 PM
(https://i.ibb.co/Qn5jCbS/AUD-THB.jpg) (https://ibb.co/q9ZFWyq)
(https://i.ibb.co/crBcgL4/GBP-THB.jpg) (https://ibb.co/wzkN0s5)
(https://i.ibb.co/ByTwb3X/EUR-THB.jpg) (https://ibb.co/N9W75C8)
(https://i.ibb.co/N1z00Dt/THB-USD.jpg) (https://ibb.co/z8w339Q)