Spain receives capital inflow for third consecutive month

0 Comment(s)Print E-mail Xinhua, February 1, 2013
Adjust font size:

Spain saw the third consecutive monthly capital inflow last November, showing positive signs in the debt-burdened economy, according to data released Thursday by the Bank of Spain.

Spain's capital inflow reached 13.2 billion euros (17.9 billion U.S. dollars) in November, reducing its net capital outflow between January and November of 2012 to 197.9 billion euros (268.8 billion U.S. dollars).

However, the figure is still much higher than that registered in the same period of 2011, when capital outflow was 40.9 billion euros (55.6 billion U.S. dollars).

November's data showed a positive trend in the capital market as in the same month of 2011, Spain suffered a capital outflow of 17.2 billion euros (23.4 billion U.S. dollars).

Though Spain's direct investment fell to 873 million euros (1.185 billion U.S. dollars) from the 1.081 billion euros (1.468 billion U.S. dollars) of November 2011, it registered a positive balance as the Spanish direct investment in foreign countries was less than direct investment coming from abroad. Endi

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter