Wednesday, July 04, 2007

Baht Strongest in a Decade

The baht jumped to a 10-year high yesterday at 34.25 to the US dollar in local trade thanks to continued foreign inflows. In the offshore market, the baht was quoted as high as 31.7. Rates between the local and offshore market have been split since last December due to the Bank of Thailand's 30% reserve rule on inflows and other capital controls.
Bangkok Post

Visa Problems
Dave The Rave says its better to get your Thai visa at your country of origin. The "visa upon arrival" has become problematic. Try to go to your local Thai Consulate before you come to Thailand to obtain a visa.

No comments:

Post a Comment