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Good news for those of us that make money in Thailand and use it to travel home or send it back home...  the rate is likely to be in our favor for the short-term.

The Bank of Thailand’s Governor Tarisa Watanagase prepared us for what may be a continuation of strengthening of the baht.

The economy is likely to grow steadily at 4.5 to 5.5% next year with inflation at 1.5 to 2.5% for the country.

Exporters as well as travelers may have need to be concerned. If the Thai baht is only worth 35 versus 1 US Dollar tourists may hold off during this high tourist season. Over the course of a 1 week vacation stay tourists typically spend around 40,000 baht. They'll now have to spend more of their own money to do so.

The forecast is for even further growth, even though it has already appreciated 13% since early this year.

For more info - google it

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