Feb. 21 (Bloomberg) -- Joel Kim, Singapore-based head of fixed income for the Asia Pacific at BlackRock Inc., comments on capital flowing into regional markets. He was speaking at a conference in Singapore.
“If you look at the first months of this year, there have been very strong inflows into emerging-market equities and debt. That in itself is going to push up or exert pressure on currencies.
“Asian central banks probably aren’t going to ease that much. There are in our view inflationary pressures. You just have to look at what’s happening to oil. We’re back to a situation where central banks will stem these inflows.”
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