AUD australian dollar
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Can anybody please explain why the $AUD has fallen against...

  1. dino61
    4,895 Posts.
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    09/01/09
    18:20
    Post #: 4676541
    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)
    Price at posting: 0.0000 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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