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Investors poured $235 billion into emerging markets in 2017: IIF

LONDON: Foreign investors poured $235 billion into emerging ..

LONDON: Foreign investors poured $235 billion into emerging markets as they rallied strongly last year, the Institute of International Finance said on Monday, adding that the countries themselves had added more than $130 billion in hard currency reserves.

Foreign portfolio flows in 2016 had amounted to $152 billion, the IIF's data showed.

Data from the respected flow tracker also showed emerging market debt attracted more than $170 billion of foreign capital, versus $99 bln in 2016. Net capital outflows from China should be modest at $60 billion last year, compared $640 bln in 2016, the IIF added.

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