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Subject: Re: Luang Prabang: Thai Baht or US dollar? Posted on: Thu, 17 Feb 2005 09:20:06 -0800


"Markku Grönroos" wrote in message
news:cv2igb$3no$1@phys-news1.kolumbus.fi...
>
> "PeterL" kirjoitti viestissä
> news:37k0ldF5e60d1U1@individual.net...
> >
> > "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.
> >
> Buyer being a bank.
>

Or currency dealers (official or unofficial).

>