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Asian stocks draw highest monthly foreign inflows in two years

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Foreign net monthly inflows into Asian equities hit a two-year high in November on hopes that the U.S. Federal Reserve could cut the pace of its interest rate hikes. Expectations that China would gradually loosen its zero-COVID policy and open up its economy also lifted sentiment. Data from stock e

Foreign net monthly inflows into Asian equities hit a two-year high in November on hopes that the U.S. Federal Reserve could cut the pace of its interest rate hikes.

Monthly foreign investment flows Asian equities https://fingfx.thomsonreuters.com/gfx/mkt/byvrljyrxve/Monthly%20foreign%20investment%20flows%20Asian%20equities.jpg Taiwanese equities attracted $6.06 billion in foreign inflows last month, the biggest amount since 2008, while India and South Korea received $4.43 billion and $3.04 billion, respectively.

 

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