Monday, March 02, 2009

THB v GBP


When I first went to Thailand, you got 74 Thai Baht to the pound. This made a four star hotel £35 a night, a bottle of beer in a bar £1 or a superb meal for 4 around £35!

Today the baht was down to 51 to £1, this means a hotel room is £50, your beer £1.30 and the meal also up to £50! Still cheaper than the Uk, but this is more down to the local bars, restaurants and hotels keeping their prices lower and slashing their profit margin.

The problem is really the UK's problem, our economy, especially the banks are on their knees. Take today, the pound lost 2% to baht simply because HSBC came out with shit figures so everyone sold the pound, cheers!!!!!

Come on people, don't you know i'm going away in a few months, up near 60 would be cool.

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