a question

  1. 4,895 Posts.
    Can anybody please explain why the $AUD has fallen against 'basket case' currencies such as the Thai Baht and the Philippines Peso?

    When I was in Thailand mid 2008, I was getting nearly 32 Baht to the dollar.

    It recently sank to around 21-22 Baht to the dollar, although now recovering.

    dino (a Forex novice)
 
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