Offshore Capital Flows to Emerging Markets hit $32bn in June, most in five months

Money taps reopened and emerging market securities attracted $32.1bn in June, a ten-fold month-to-month increase, and the highest since January, showing a continued recovery from the COVID-19 shocks. Equity and debt inflows were $ 9.5 bn and $23.5 bn, according to IIF. “Negative sentiment on em