Foreign Portfolio Investments Register Net Outflow of $409.01 Million in February

Foreign portfolio investments registered a net outflow of $409.01 million in February, reversing a net inflow of $57.74 million in February 2016. For the first two months, a net outflow of $107.77 million was recorded, 49.4 percent higher than the $72.11 million net outflow last year. Developments in the domestic and international fronts weighed down on investor sentiment, including concerns on US President Donald Trump’s trade and…

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