Net foreign inflow to Govt. Securities soars

Foreigners have purchased an additional Rs. 12 billion worth of Government Securities since 20 September, according to charts.lk

It said foreign investments into LKR-denominated Government Securities have risen since 20 September. It fell to Rs. 39 billion by 13 September and reached Rs. 51 billion by the end of last week.

 “This is a net FX inflow of $ 42 million,” it added.

WealthTrust Securities said for the week ending 17 October 2024, foreign holdings in Sri Lankan rupee-denominated Treasury securities saw a net inflow of Rs. 495 million. “This marked the fifth consecutive week of positive inflows. As a result, total foreign holdings reached Rs. 51.14 billion – a 0.98% increase compared to the previous week,” it added.