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Monday, December 23, 2013

Thai Baht Weakening Against US Dollar and Other Currencies

If you ever wanted to get more bang for your American Buck (or Euro) now may be the time to visit Thailand.

Due to the recent protests and the Thai Finance Ministry slashing of interest rates the Thai Baht has fallen in value.  The US Federal Reserve's decision to taper affects this as well.  If you are visiting and living off of foreign savings this is great because now your dollar goes even further than it did before.

For the record the last time I checked 1 USD = 32.65 BHT.  Quite a deal.

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