Fueling the investments into Thailand, the Bank of Japan announced that it will triple its pace of purchasing stocks and property stocks and increase its asset purchasing program to 80 trillion yen, or $724 billion, from 60 to 70 trillion yen. [Japan ETFs Find Double Support From BOJ, Pension Fund]
Furthermore, the increase in the BOJ’s quantitative easing could help offset some of the easy money flows that was turned off after the Federal Reserve ended its own QE program last week.
iShares MSCI Thailand Capped ETF
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