Feb 17: Net Foreign Purchases up to $34.8 Billion

Source: http://www.zacks.com/stock/news/17450/Feb+17%3A+Net+Foreign+Purchases+up+to++%2434.8+Billion
Posted on Tuesday, February 17th, 2009 | In Stocks to Watch

Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -

Net Foreign Purchases as of December 2008 were $34.8 billion, regaining a capital inflow following a reported -$21.7 billion in November 2008, -$0.4 billion in October, and was as high as $65.3 billion in September. This number has been extremely volatile in recent months as a consequence of the financial crisis and the economic recession in the U.S., which have infiltrated themselves globally. In the 12 months through December 2008, Net Foreign Purchases were an aggregate $514.6 billion. Net Foreign Purchases of long term U.S. securities were $22.4 billion while U.S. residents sold a net $12.4 billion of long-term foreign securities.

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