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russellsimpson · 26th April 2007, 18:06

There seem to be two different rates for the baht being quoted in the past few weeks. An incountry and an offshore rate (vary by about four percent). That's one factor.

Exchange rates aren't set by the any government control mechanism as you know. So if a particular bank wants to put the screws to you, they can. Sounds like this is what has occured.

They can and will do what they like and in this time of baht uncertainty you either have to be very carefull or expect to get fucked over with foreign transactions.

My take in any case.

26th April 2007, 18:06	#51 (permalink)
russellsimpson russellsimpson is..... Senior Member Join Date: Oct 2005 Location: Muskogee, Oklahoma, USA Posts: 5,642 vCash: 31087 Rep Power: 563	Re: Money money money exchange rates!!!??? There seem to be two different rates for the baht being quoted in the past few weeks. An incountry and an offshore rate (vary by about four percent). That's one factor. Exchange rates aren't set by the any government control mechanism as you know. So if a particular bank wants to put the screws to you, they can. Sounds like this is what has occured. They can and will do what they like and in this time of baht uncertainty you either have to be very carefull or expect to get fucked over with foreign transactions. My take in any case. __________________ If you're being run out of town, get in front of the crowd and make it look like a parade. To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.