Inflows recede after Fed minutes released | Bangkok Post: business

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Inflows recede after Fed minutes released

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Foreign investors have been buying fewer Thai bonds and continued to sell Thai shares after the US Federal Reserve last week signalled last week it may wind up the bond purchase programme. 

Between Jan 1 and last Friday, foreign investors bought 90 billion baht worth of Thai bonds, two-thirds of which were short-term bonds, said Niwat Kanjanaphoomin, president of the Thai Bond Market Association.

He said foreign net inflows declined sharply from 15-20 billion baht a day during the first six weeks of this year to about 10 billion last week.

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