It is expected that by the end of this week, T-bills’ outflows from the Special Convertible Rupee Account (SCRA) will cross $800 million. Foreign investors divested $166 million net worth of treasury bills (T-bills) on March 12, as per the SCRA, which tracks inflows and outflows from foreign countries. On March 11, foreign investors divested $251 million net worth of T-bills, with total divestment in March having reached $606.5 million. Previously on March 10, foreign investors divested $136 million of T-bills on March 10. Foreign investors divested $67 million of T-bills on February 28 and divested $103 million net worth of T-Bills on March 3.

Source: Pakistan Today March 13, 2020 16:30 UTC