27 décembre 2011

The foreign money begin to escape from Asia

Only a few months ago, Southeast Asia is still in the state of capital inflows, but with the foreign holdings of local currency denominated bonds, the situation has changed dramatically reversed. For example, according to JP Morgan Chase data, in Indonesia, foreign currency bond holdings, in between August and November fell by 51%, which caused downward pressure on the rupiah, rupiah against the U.S. dollar exchange rate has dropped 7%.In Thailand, foreign investors over the same period the Thai baht bond holdings reduced by 24%. This... [Lire la suite]
Posté par gamefan à 08:37 - Commentaires [0] - Permalien [#]
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