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Offshore fund flight on the cards
Business, Darana Chudasri, Published on 09/04/2014
ยป At least 100 billion baht in net offshore funds is expected to flee the Thai bond market this year, pressured by local political tensions, the gloomy economic outlook, a potential sovereign rating cut and the US Federal Reserve's tapering of asset purchases, says the Thai Bond Market Association (TBMA).
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