Capital outflows from stock market ‘not a worry yet’ – Bangkok Post

Capital outflows from its stock and bond markets in the past week is not a worry, the central bank said on Friday.

Elevated US yields have not affected Thai financial markets because of high liquidity in the system, Bank of Thailand governor Veerathai Santiprabhob told reporters.

The market had already expected higher US bond yields, he added.

In the past five trading days, foreign investors sold about 18.6 billion baht net of Thai bonds and about 8.5 billion baht net of Thai shares, market data showed.

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