Emerging markets lose $33.8 billion in October as investors flee Asian stocks
Foreign investors pulled a net $33.8 billion out of emerging markets in October, marking the biggest monthly outflow since March, as concerns over technology stocks and country specific risks prompted investors to cut exposure to the asset class, Reuters reported, citing data from the Institute of International Finance (IIF). However, easing US bond yields and a weaker dollar following the US…
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Emerging markets lose $33.8 billion in October as investors flee Asian stocks (opens The Economic Times in a new tab)
Foreign investors pulled a net $33.8 billion out of emerging markets in October, marking the biggest monthly outflow since March, as concerns over technology stocks and country specific risks prompted investors to cut exposure to the asset class, Reuters…
