Foreign investments at the CSE recorded a net inflow of US dollars 10.1 million in July 2016. However, the cumulative foreign investments in the CSE up to end July 2016 recorded a net outflow of US dollars 30.8 million, including net outflows to the secondary market amounting to US dollars 32.2 million and inflows to the primary market amounting to US dollars 1.4 million.
Continuing the trend observed from the latter part of April 2016, the government securities market recorded a net inflow of US dollars 238.5 million in July 2016. However, cumulative foreign investments to the government securities market during the first seven months of 2016 recorded a net outflow of US dollars 133.3 million compared to a net outflow of US dollars 424.7 million during the corresponding period of 2015.
The financial account further strengthened with the proceeds from the Syndicated Loan facility amounting to US dollars 300 million. During the first seven months of 2016, long term loans to the Government recorded a net outflow of US dollars 22.0 million compared to a net inflow of US dollars 169.9 million during the first seven months of 2015.