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DaffyDuck
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Thai baht hits nine-month low
The Nation
The Thai baht hit a nine-month low against the dollar Wednesday, trading at 34.15 to the greenback, bank sources said.
The sharp decline in the currency was attributed to heavy buying of dollars by foreign banks in Thailand and importers, said the Kasikorn Research Center, a think-tank attached to Kasikorn Bank.
Like most Asian currencies, the Thai baht has steadily appreciated against the dollar, gaining almost 20 per cent over the past two years before starting to weaken in June in the wake of rising inflation, growing political instability, declines on the stock market and slowing growth projections.
KRC projected the baht would continue to depreciate against the dollar in the short run, in tandem with other Asian currencies which have also been weakening against the greenback.
The think tank said the weaker baht might help boost Thai exports that were expected to slow in the latter part of this year as a result of economic slowdowns in South-East Asia, Europe, Japan and the United States.//DPA
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Thai Girls : Meet Sexy Thai Girls
Posted on: 9:23 am on Aug. 20, 2008
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DaffyDuck
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This would be good, if the dollar did not keep dropping further.
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Bangkok Women : Meet Sensual Bangkok Women
Posted on: 9:37 am on Aug. 20, 2008
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atl
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"if the dollar did not keep dropping further"
Jon Stewart had a funny line.....
"....and President Bush is in Europe today..making him one of the only Americans that can actually afford a trip to Europe!"
atl
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Thai Girls : Meet Sexy Thai Girls
Posted on: 10:07 am on Aug. 20, 2008
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IBFarang
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Quote: from atl on 12:41 am on Aug. 21, 2008
"if the dollar did not keep dropping further"
Jon Stewart had a funny line.....
"....and President Bush is in Europe today..making him one of the only Americans that can actually afford a trip to Europe!"
Must have been a rerun - as the dollar has gained quite a bit of ground on the pound and the Euro:
http://www.bloomberg.com/apps/news?pid=20601101&sid=aWjRxjB5nYyE&refer=japan
Euro Falls to Near Six-Month Low as German Outlook Deteriorates
Aug. 20 (Bloomberg) -- The euro fell to near the lowest level against the dollar in six months as Germany's economic outlook deteriorated.
The pound approached a two-year low versus the dollar as minutes of the Bank of England's August meeting indicated British inflation risks may have ``eased a little'' while the outlook for the economy worsened. The dollar has risen 8 percent versus the euro from the record low set in July
Euro - six month low
Pound - two year low
Speaking of dollar bashing - where is Mel?
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Bangkok Girls : Meet Sexy Bangkok Girls
Posted on: 7:10 pm on Aug. 20, 2008
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Mr Alan
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Quote: from atl on 1:41 pm on Aug. 20, 2008
Jon Stewart had a funny line.....
"....and President Bush is in Europe today..making him one of the only Americans that can actually afford a trip to Europe!"
Maybe you and Jon should consult with all the unemployed Europeans who cannot compete with American companies whose products are now about 30-50% percent cheaper than a few years ago.
Most Americans, if they had a choice of having a job, or getting a better exchange rate overseas, would take the job. That is why China keeps their currency artificially low.
Of course, I can understand why members of this forum from the USA are concerned about the dollar valuation.
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Thai Women : Meet Matured Thai Women
Posted on: 8:56 pm on Aug. 20, 2008
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kenneth
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I'm paid in USD. My salary goes up every month.
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Bangkok Women : Meet Beautiful Thai Girls
Posted on: 12:58 am on Aug. 21, 2008
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don5252
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Maybe this should be on the Z, but in 25 words or less which new President will help or hurt exchange rates
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 2:57 am on Aug. 21, 2008
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rickyinbkk
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Quote: from don5252 on 5:31 pm on Aug. 21, 2008
Obama = less public spending + less budget deficit + anti oil import = stronger dollar.
Mcain = opposite.
that leaves a few words to spare..
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Thai Girls : Meet Active Thai Girls
Posted on: 3:07 am on Aug. 21, 2008
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IBFarang
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Quote: from rickyinbkk on 5:42 pm on Aug. 21, 2008
Obama = less public spending + less budget deficit + anti oil import = stronger dollar.
Mcain = opposite.
that leaves a few words to spare..
McCain = less spending in general (freeze spending growth, line item veto, take back earmarks) + anit oil imports (off shore drilling + alternative power options) = strong dollar.
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Thai Women : Meet Matured Thai Women
Posted on: 4:18 am on Aug. 21, 2008
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Loung Steeb
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how about this...BHussO..get out of the way. Go do your faggot thing and let us lead you away from the apron strings of your wife
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 10:37 am on Aug. 21, 2008
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