No irregularity in capital flows: BOT
There is no sign of irrigularity in capital inflows to Thailand, which is in line with regional movement, said an official of the Bank of Thailand.
Singchai Bunyayothin, senior director of the money market division at the Bank of Thailand, said that most inflows are going to the bond market and still stay there.
"The Thai baht has been influenced mainly by US dollar and the euro," he said.
Like Thailand, countries in the region also have witnessed similar inflows recently, following slight appreciation in the dollar and euro underpinned by improvement in some European indicators.
In the US, some indicators improved but it remains to be seen if the recovery can be sustained and if the US will need to launch the third round of quantitative easing (QE3).
