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
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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.
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