Emerging-market capital flows forecast to turn negative in 2015
IIF projects non-resident inflows falling to their lowest since 2008, this time due to largely internal reasons
Tokyo
NET capital flows to emerging markets in 2015 will be negative for the first time in many years with net outflows projected at US$541 billion, the Institute of International Finance (IIF) said on Thursday in its latest report on capital flows to emerging markets.
"Emerging market (portfolio) assets have seen sharp losses in recent months," said Charles Collyns, managing director and chief economist at the Washington-based IIF.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Saudi Arabia hikes oil selling prices for all grades to Asia
Slowing global economy to mean smaller revenue bump in Australian budget
The crown jewel of China-Singapore relations: Suzhou Industrial Park celebrates 30 years
Emerging-market optimism dashed by Fed as currencies, bonds sink
France’s Macron set to press China’s Xi on trade, Ukraine
Israeli Cabinet votes to shut down Al Jazeera’s local operations