Emerging market inflows in Mar at 21-month high
Overseas investments in emerging markets for the month of March have touched $36.8 billion, the highest monthly inflow in 21 months, according to US-based trade group Institute of International Finance (IIF). While $18.9 billion was invested in bonds, equities took in $17.9 billion. Notably, Asia topped the list with $20.6 billion in investment followed by Latin America with $13.4 billion.