Tuesday’s Economy News Posted By https://www.mcxtradingworld.com. Join Our Service:-9760916659,8979570233

Asian stocks draw highest monthly foreign inflows in two years.

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 exchanges in Taiwan, India, the Philippines, Vietnam, Thailand, Indonesia and South Korea showed foreigners bought equities worth a net $15.18 billion in November, the most since November 2020.

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