AFPThe trade spat between the US and its key allies along with Argentina's financial crisis have led to capital outflows from emerging market economies, but Thailand's economic fundamentals have helped mitigate such sales, say analysts. Thailand's economic fundamentals have helped mitigate capital outflows seen among emerging market economies. Such fear has sparked heavy equity sales in emerging market economies by foreign investors, said Mr Prakit. But capital outflows from Thailand are lower than emerging market peers as the country's economic fundamentals remain sound and the domestic economic growth trajectory further adds to a positive outlook, said Mr Prakit. Thailand's economic fundamentals have helped mitigate capital outflows seen among emerging market economies.
Source: Bangkok Post June 11, 2018 23:02 UTC