Funds 'still flowing into Thailand' | Bangkok Post: business

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Funds 'still flowing into Thailand'

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Foreign fund inflows continue to target Thailand and the baht is expected to retain its upward trend in the short term, Stock Exchange of Thailand executive vice-president Pakorn Peetathawatchai said. 

The kingdom is one of the most attractive places in the region as economic growth is solid and listed firms show strong earnings growth, he said.

Mr Pakorn said that since the Thai stock market was upgraded to an advanced emerging market in November last year, the trading volume of foreigners had increased from 7-8 billion to 12 billion baht per day.

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