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HomeEconomyNet Foreign investment in T-bills reaches $2.56 billion

Net Foreign investment in T-bills reaches $2.56 billion

January 23, 2020 (MLN): Foreign Investment in T-bills has jumped to $138.45 million, showing an increase of 36% DoD in the single session on January 22, 2020. In the preceding session, $102 million of investment was recorded in T-bills from foreigners.

As per the data gathered by the State bank of Pakistan, foreign inflows of $132.7 million came from the United Kingdom, $6.15 million from the United States, while rest of the investment came from UAE in yesterday’s session.

Since January 16, 2020, when 536 million were invested in T-bills in a single day, an additional 334 million have been invested.

During January net investment in T-bills has been reached $1.117 billion, 86% of which has come from the U.K, 13% from the USA, while the rest have been originated from Ireland and the UAE.

Overall, from July 2019 to January 22, 2020, net foreign investment in T-bills reached $2.56 billion, of which 66% has come from the UK and 32% from USA.

On the other hand, Foreign Investments in Pakistan’s Equities have seen a net outflow of $5.7 million so far this month. Cumulatively, foreign outflows of $33 million have been recorded in domestic equities so far from July 2019.

Copyright Mettis Link News

Posted on: 2020-01-23T16:49:00+05:00

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