T-bills see highest inflows in four years

KARACHI: The country saw a record inflow of foreign investment in treasury bills during the last quarter of the financial year FY24, reflecting attractive returns and stability in the exchange rate.

Pakistan suffered heavily after the outbreak of Covid in 2020 and almost entire investments in domestic bonds left the country. Since then foreign investors have remained away from t-bills and the long-term Pakistan Investment Bonds (PIBs).

But the latest data issued by the State Bank...