Institute of International Finance January 24, 2025

Capital Flows Tracker: January 2025

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About this work

December’s emerging market portfolio inflows reached $14.4 billion, supported by investment in debt securities. The January 2025 tracker reports $17.6 billion entering debt and $3.1 billion leaving equities, with Chinese equities accounting for $1.3 billion in withdrawals. The figures show positive aggregate flows alongside continued equity weakness.

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Jonathan Fortun (2025). Capital Flows Tracker: January 2025. Institute of International Finance.