OffTheBUS

24/7 Live News Portal

Resurgence and election in the US will curb capital


During October, capital flows continued to flow to emerging markets, highlighted the Institute of International Finance (IIF for its acronym in English).

However, renewed concern about a second wave of the Covid-19 pandemic as well as the uncertainty arising from the elections in the United States will limit the takeoff forward, he warned.

In a report released this day, the association of the most important financial institutions based in Washington, specified that portfolio flows to emerging markets stood at 17.9 billion dollars in October, higher than what they attracted in September.

Of that amount, capital inflows and debt issuances were $ 6.3 billion and $ 11.7 billion, respectively.

It also reads: Trump’s victory or ignorance of the result would lead to the dollar above $ 22.50: CIBanco. He explained that an improved prospects for the world economy

More information at El Siglo de Torreón


www.elsiglodetorreon.com.mx