SCRA balance rises Rs618m to Rs39bn in week ended Oct 30

The Special Convertible Rupee Account (SCRA) held Rs38.96 billion at the close of the week ended Oct 30, after its balance grew by Rs617.69 million, Mettis Global reported, citing SBP data. Securities recorded net purchases of Rs5.95 billion over the period. Receipts into the account totalled Rs44.92 billion, comprising Rs22.45 billion in inward remittances, Rs21.81 billion from securities sales and Rs666.37 million in dividends.

Payments and other withdrawals amounted to Rs44.30 billion, including Rs14.73 billion in outward remittances, Rs27.76 billion for securities purchases and Rs1.81 billion in taxes. The reported market value of equity holdings rose by Rs301.31 million to Rs520.41 billion, while T-Bill investments increased by Rs7.48 billion to Rs110.12 billion and PIB holdings gained Rs6.49 billion to reach Rs76.97 billion. The figures provide a weekly snapshot of SCRA flows and investment values, rather than information about any particular listed company.