Foreigners invest $245.6mln in Pakistan's currency bonds
Business May 2, 2021 KARACHI: Global investors poured in $245.6 million into Pakistan’s currency bonds in the first 10 months of the current fiscal year as they were attracted to higher yields and economic recovery, according to the official data. However, the foreign investors pulled $21.5 million out of Pakistan’s long-term government securities in the same period this year. Pakistan investment bonds (PIBs) attracted $4.9 million foreign investment in April against outflow of $5.3 million, according to the latest figures from the State Bank of Pakistan. Analysts said the appetite for t...
Source: thenews.com.pk