Economic TimesLean R·
Asia bond foreign inflows hit four-month low in July on oil shock
In July, foreign investment in local bonds throughout Asia waned, despite a broader global appetite for emerging market debt. Elevated energy prices and economic downturns rendered the region less appealing. While India and South Korea recorded positive inflows, Malaysia and Thailand faced a retreat. Notably, Indonesia's bond inflows plummeted after the unexpected resignation of its central bank governor.
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