SCRA balance falls Rs115m to Rs38bn in week ended Oct 23

The SCRA balance declined by Rs114.76m in the week to October 23, closing at Rs38.34bn, according to figures published by the SBP and reported by Mettis Global. Securities recorded net selling of Rs1.26bn over the period. The account received Rs27.48bn in total inflows from remittances, securities sales and dividends, while combined outflows for remittances, securities purchases and taxes reached Rs27.59bn.

Inward remittances contributed Rs13.35bn, securities sales Rs13.98bn and dividends Rs144.17m to inflows. Outward remittances totalled Rs14.86bn, purchases of securities amounted to Rs12.72bn and taxes accounted for Rs8.75m. The reported market value of equity investments fell by Rs15.58bn to Rs520.11bn, while T-Bills rose by Rs1.24bn to Rs102.64bn and PIBs increased by Rs1.44bn to Rs70.48bn. The figures show weekly movements in foreign investment flows and the value of investments held through SCRA.