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FII sell-off in EMs overdone: Nick Parsons

Nick Parson of National Australia Bank told CNBC-TV18 that the phenomenon of foreign institutional investors (FIIs) pulling out of emerging markets (EMs) was overdone. He added that as the fundamentals of such markets are very strong and have forex reserves, it will not be surprising to see such markets ending higher in the next quarter.

first published: Jun 26, 2013 03:16 pm

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