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Global Market: EMs see first foreign outflow since June as Fed turns hawkish

viaeconomictimes.indiatimes.com8 Oct
Global Market: EMs see first foreign outflow since June as Fed turns hawkish
Foreign investors pulled $26.3 billion from emerging-market stocks and bonds in September, marking the first monthly outflow since June, according to the IIF. Fixed-income assets saw $7 billion of outflows, their first net withdrawal since March. The selling was driven by a hawkish US Fed stance,…

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