Market players look to future euro members
The increase in the presence of international investment banks in the region is being driven by a substantial increase in flows, said Elizabeth Gruié, emerging market strategist at BNP Paribas in London. "First and foremost, there has been a substantial increase in activity as a result of an increased appetite for direct investment," she said.
Caio Natividade, emerging markets strategist at Deutsche Bank, concurred that direct investment and growing economies have been instrumental in driving up
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