Foreign investments record net inflow of US$ 44 mn in July

Foreign investments record net inflow of US$ 44 mn in July

Worker remittances grew by 1 per cent, year-on-year, to US$ 626 million in July 2019. On a cumulative basis, worker remittances declined by 8.2 per cent to US$ 3,895 million during the first seven months of 2019 in comparison to the corresponding period of 2018.Foreign investments in the CSE, including primary and secondary market transactions, recorded a net inflow of US dollars 44 million during the month of July 2019. Accordingly, financial flows to the CSE recorded a net inflow of US dollars 34 million during the first seven months of 2019.