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jason1975

Why does Thai baht remain strong?

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Posted
30 minutes ago, jason1975 said:

Can anyone provide any insight on this?

Many currencies have weakened this year (due to Trump's tariffs?) but Thai baht remains strong!

Huge influx of sex tourists created demand for currency, it's why remain strong

Posted
2 hours ago, vinapu said:

Huge influx of sex tourists created demand for currency, it's why remain strong

I doubt so.

Updates from working guys (in bars and massage shops) are that there fewer customers this year.

Posted

I think it is more or less the same against the euro as when I visited 10 months ago and 2 years ago, but I guess you could argue that is strong for a mid-income level country like Thailand.

Posted
15 hours ago, jason1975 said:

 

Updates from working guys (in bars and massage shops) are that there fewer customers this year.

it could be  although I haste to say that as long as I remember boys always were complaining " no customers ". And yet, given a chance to make some buck extra, for example by converting ST to LT may times,  cheerfully declined :  " I need to to with my friends to DJ station" or similar excuse

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