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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Ice Cube who wrote (64235)3/5/2007 11:48:35 PM
From: Ice Cube  Read Replies (1) of 116555
 
Ahhhhh... sory, here they are

forexdirectory.net

bangkokbank.com

This is the rate you get at all the Thai banks, just walk up and trade currency, most branches in Bangkok exchange currency.

This spread developed when the Govt. tried to control the appreciation of the Baht. All the expats there are looking at the same thing, carry out Baht and exchange it for dollars in Singapore. A short and cheap flight with a built in no risk profit, but amounts have to be kept low, maybe $10k at a time max as there are some currency controls in place.
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