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Subject: Re: Luang Prabang: Thai Baht or US dollar? Posted on: Thu, 17 Feb 2005 08:56:12 -0800


"Markku Grönroos" wrote in message
news:cv26m9$53u$1@phys-news1.kolumbus.fi...
>
> "Ernst K. Locker" kirjoitti viestissä
> news:cv286j.1ls.1@e42ilk.de...
> smartass wrote:
> >what's wrong with Laos currency?
>
> It is illegal to bring it into the country.
>
> Come on you know how my question was meant:
>
> Do you get a better exchange rate for USD or Thai Baht in Luang Prabang?
>
> Why should one be better over the other ?
>

Supply and demand? If there is more demand for one currency over another
(more buyer than sellers), then the buyers are willing to pay a higher rate
for that currency.

>