Private Investors To Boost Capital Flows And Emerging Market Currency Trading

EMERGING MARKETS

NEW YORK--Private investors are to boost capital flows to emerging markets by around 30 per cent this year, according to the Institute of International Finance, injecting a shot in the arm to emerging market foreign exchange business.

The IIF, a global association of private financial institutions with more than 300 members, predicts that flows to emerging markets will rise to around $190 billion for the year, against $150 billion a year in 1999 and 1998 on the back of greater confidence in the

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