Quote:
Originally Posted by thommy
as every quarter intelligent person can see the value of the thaibaht INCREASED from 1:36 to actually 1:31 (if thailand would manipulate the currency they are so dumb that they did it in the wrong direction)
i haven't found the answer yet if trump thinks people are so stupid that they believe his bold lies or if he's really so stupid himself that he can't read numbers.
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Since Thailand is a country with a very strong domestic economy, they do wan't their currency to stay strong. They don't need to weaken, but strengthen the value of the Baht so Thai people have more buying power and foreigners will invest less likely in the country. As you know it is very difficult to make larger investments in Thailand since they are very protective of their own land.