The Central Bank yesterday said $ 543 million outflow of foreign investment was observed from the rupee-denominated government securities market in the period up to November.
Foreign investment in the government securities market recorded a marginal net outflow during the month, the monetary institution said in its latest external performance report.
A net outflow of foreign investment amounting to $ 11 million was recorded in the rupee-denominated government securities market in November 2020, increasing the cumulative net outflow to $ 543 million during the period from January to November 2020.
The total outstanding exposure of foreign investment in the rupee-denominated government securities market remained low at $ 46 million by end November 2020.
There were net outflows of $ 15 million from the secondary market of the CSE in November 2020. On a cumulative basis, the CSE recorded a net outflow of $ 209 million during the 11 months ending November 2020.
Meanwhile, long-term loans to the Government recorded a net outflow of $ 12 million in November 2020.
(FT)