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MARKETS ON EDGE

Emerging-market slump set to continue this year: IIF

Net outflows from 30 EMs hit US$735b in 2015; the IIF expects net capital outflow to be US$448b this year
Thursday, January 21, 2016 - 05:50

Tokyo

THE magnitude of the capital flight from the world's emerging markets (EMs) in 2015 was greater than feared, the Institute of International Finance (IIF) said on Wednesday.

Against the backdrop of the China-led economic downturn and the US Federal Reserve's first interest