INQUIRER.net: IMF ‘carefully’ monitoring capital flows to Asia

INQUIRER.net Philippine News for Filipinos

IMF 'carefully' monitoring capital flows to Asia Apr 30th 2013, 02:20 SINGAPORE—The International Monetary Fund said Monday it is "carefully" monitoring massive capital flows into Asia and urged the region's policymakers to guard against risks of overheating.   The level of the inflows—which have sent Asian stocks and property prices skyrocketing—are close to or above historical trends in most economies including those in Southeast Asia, the IMF said.   "We are seeing financial pressures—you may call them imbalances, or the risk of imbalances—rising," said Anoop Singh, director for the IMF Asia and Pacific Department.   "And because these can worsen quickly, they certainly are being monitored very carefully. There... Keep on reading: IMF ‘carefully’ monitoring capital flows to Asia Media files: imf-logo.jpg (image/jpeg)

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