Investors stay bullish on won, baht -poll | Bangkok Post: business - News Summed Up

Investors stay bullish on won, baht -poll | Bangkok Post: business


A South Korea won note is seen in this illustration photo May 31, 2017. The poll was conducted between Tuesday and Wednesday, ahead of the Fed's two-day policy meeting, where it kept interest rates unchanged. Investors were estimated to have increased bullish bets on the Thai baht and the Chinese yuan, according to a poll of 10 analysts, traders and fund managers. Sentiment around the won also got a boost from foreign demand, with appetite for local shares from offshore investors in October hitting its highest level since March. With inflation slowing for the fourth straight month, investors see room for further rate cuts by the central bank.


Source: Bangkok Post November 02, 2017 07:52 UTC



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