Asian stocks in 2022 suffer biggest foreign outflows since 2008 global crisis

World
04-01-2023 | 06:19
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Asian stocks in 2022 suffer biggest foreign outflows since 2008 global crisis
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Asian stocks in 2022 suffer biggest foreign outflows since 2008 global crisis
Foreign investors withdrew more money from emerging Asian equities in 2022 than they had done in any year since the global financial crisis in 2008, as rising U.S. interest rates pulled funds towards dollar assets.
 
Data from stock exchanges in Taiwan, India, the Philippines, Vietnam, Thailand, Indonesia and South Korea showed foreigners sold equities worth $57 billion last year, the biggest outflow since 2008.
 
 
 
 
REUTERS
 

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