Is the exchange rate affecting anyone else living in Thailand? Aussies, stay out of the thread -- I know, I know, you think it's great right now. :P Just wait until China finishes sucking you dry of your natural resources. :P
Anyone else feeling the pinch though? We are a bit, as there's definitely less coming out of the ATM these days than before. I remember about 8 months ago, for $500 US I would easily get 16,000 baht out, and nowadays I'm lucky to get 14,500 out depending on the rate that day. Kim and myself are by no means rich at the moment (working on it -- still), and although that extra few thousand here and there isn't needed, it would be noticeable. It's shitty when I send off an invoice for a couple thousand, then find out what it's actually worth nowadays.
So how about the rest of you? Feeling the pinch at all? Or is everyone else on the board a multi-millionaire, and it doesn't matter? Unfortunately, I can only see the exchange rate getting worst, especially considering the US Fed just decided to print off another $600 billion. And SE Asia still has loads of investments coming in, so US$ continues to devalue, while baht strengthens. Oh goody!Similar Threads: