As Imran Khan growth Momentum is in a swing Pakistan witnessed 60 million dollar outflow in a single day through SCRA highest ever this year. SCRA Account, which is related to foreign investment in local market like equities, stock and PSX witness highest outflow in this year.
Since PTI came there is only outflows from SCRA and low FDI and it has been totally negative due to PTI forced policies, market base currency negative performance in exports and controlling CAD. This what happens when PTI can only fool local investor in the market but with devaluing currency you cannot fool foreigners with massive devaluation. No will invest in country where downgrade becomes a blessing, twitter becomes reality, and devaluation becomes a joy and only a person who no meaning in of life will takes this as a blessing.
India Stock exchange market is 3000 billion dollar and our now? 39 billion dollar after downgrade and devaluation.
Remember foreign investor never buys BS or excuse. Never take joy in devaluation or downgrade and it is a lesson.
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