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Old 26-11-2008, 05:10 PM
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Re: Bangkok Field Report

Quote:
Originally Posted by sexcotty View Post
Thai Batt is 35 now??
Markets were under some pressure after the latest eruption in a political deadlock that is entering its fourth year. Stocks were down 1.6 percent at midday, and the baht was trading at 35.28, after hitting a 21-month high of 35.34 earlier in the day. Thailand's finance minister has said the protests could have a damaging effect on the economy, which depends on tourism as a key sector and is already vulnerable to global financial turmoil.
35 is the US$ rate lar .... not S$ ...