Foreign investors withdrew $5.5 billion from emerging markets last week

According to the Institute of International Finance, foreign investors withdrew about 5.5 billion dollars from emerging markets after the Federal Reserve raised the rate last week, reported. The outflow of capital from the shares of the emerging markets amounted to about 4 billion 200 million dollars, of bonds - about 1 billion 300 million. On Tuesday, foreign investors sold Chinese shares worth more than $320 million. The IIF statement says that “concern about the impact of US additional fees on Chinese imports provoked a sharp reverse movement of inflow to China,” despite the resilience of PRC to a significant outflow of capital from the emerging market assets. Over the past week, the main outflow of capital from the emerging markets was observed in Asia.

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