PTI government generates $2.493 billions for economy through T - Bills
KARACHI: PTI government generates $2.493 billions for economy through T - Bills.
Total gross divestment during March 2020 reached $606.5 million, according to data released by the State Bank of Pakistan (SBP).
Foreign investors divested $251 million net worth of treasury bills (T-bills) on March 11, as per the Special Convertible Rupee Account, which tracks inflows and outflows from foreign countries.
The net investment in T-bills from July 2019 to date amounts to $2.493 billion.
Previously, foreign investors divested $136 million of T-bills on March 10, with total gross divestment in March up until that point, reaching $356 million.
It is expected that by the end of this week, T-Bills outflows from the SCRA will reach anywhere from $700 million to $800 million during March to date.