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Net inflows continue despite foreign sell-off.
Byline: Parista Yuthamanop
Jun. 4--The economy has enjoyed steady net capital inflows over the past three to four months, despite the fact that foreign investors have been net sellers of local stocks, according to the Bank of Thailand.
Most of the funds have been going into the stock and bond markets, with direct investment averaging US$100 million per month, said Atchana Waiquamdee, assistant governor for the central bank's Domestic Economy Department.
Thailand began to record healthy capital inflows in September last year, resulting from the depreciating trend of the dollar and confidence in the economy in general. There were slight capital ...
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