scorecardresearchFII outflows especially large for India, some Asia economies may need rapid rate hikes to cool inflation, IMF says

FII outflows especially large for India, some Asia economies may need rapid rate hikes to cool inflation, IMF says

Updated: 29 Jul 2022, 08:16 AM IST
TL;DR.
Most emerging Asian economies had experienced capital outflows comparable to those in 2013, when global bond yields spiked on hints by the U.S. Federal Reserve that it might taper bond buying sooner than expected, Srinivasan said.
FILE PHOTO: International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the IMF/World Bank annual meetings in Washington, U.S., October 14, 2017. REUTERS/Yuri Gripas/File Photo/File Photo

FILE PHOTO: International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the IMF/World Bank annual meetings in Washington, U.S., October 14, 2017. REUTERS/Yuri Gripas/File Photo/File Photo