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Published on Tuesday, April 7, 2015 | Updated on Thursday, April 9, 2015

Flows and Assets Report | First Quarter 2015

Divergent monetary policy paths and US dollar appreciation have?driven capital flows during the period. Our models suggest that flows moderated further and the re-allocation process ?is still? alive. Global factors ?remain key drivers, but local factors are emerging. Flows will still adjust but more moderately than before. Russian assets recovered but risks remain.

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