However, attracting foreign investment into the stock and debt markets remains a huge challenge. Foreign investors have continued to divest from Asia’s best performing stock market for the past four years. They have ruled out the return of foreign investment in government debt securities in the medium term. The interest rate may remain unattractive for foreign investors (in 2021),” he said. Besides, a long-term stability in the rupee-dollar parity, reduction in inflation and lucrative share prices may help re-attract foreign investment to the PSX, he said.

Source: The Express Tribune December 26, 2020 03:22 UTC