GBP dropped nearly 5 baht

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Editor;

Re: The dangers of being right for the wrong reasons: Part 1 (PM Money Matters Friday, 26 February 2016) – I don’t understand anything about the crazy world of buying and selling stocks and shares, or more general wheeler dealer jiggery-pokery. What I do know is that in the last 2 months the exchange rate of the THB against the GBP has dropped by nearly 5 baht to the pound; hitting me personally very hard, as well as every other British expat living over here on a fixed income from the UK.

Perhaps Mr Gambles would like to explain the unfathomable reasons behind this disaster in a language that we thickos at the bottom of the pecking order can understand.

Phil Fletcher