CURRENCIES
Regulation of inflows needed
End not yet in sight for monetary easing
- Published: 29 Jan 2013 at 00.00
- Newspaper section: Business
The International Monetary Fund (IMF) expected Asian economies to consider measures to manage capital inflows as an alternative in dealing with an influx of short-term foreign capital unleashed by economic stimulus measures of high-income economies.
Bank of Thailand governor Prasarn Trairatvorakul (right) shares a laugh with Kiyoshi Kodera, vice-president of Jica, at the seminar on Monday. TAWATCHAI KEMGUMNERD
Deputy managing director Naoyuki Shinohara said the short-term capital inflows would continue to increase in emerging economies, including those in Asia, drawn by their relatively better economic growth prospects.
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