UK, US-based firms take lead with repatriation of $170.3m and $146.7m in Jul-Dec

Govt raises higher amount of debt against auction target

Surge comes as tax exemption on import of panels, equipment withdrawn

Signals no further increase in rate as balance between inflation, growth achieved

Central bank to meet on Jan 24 to assess economic developments, announce policy rate

Country generates 136,572GWh in 2021 which eases capacity payment burden

Central bank targets to keep REER below 100 to make exports competitive

Say move will lead to further rupee depreciation, encourage illegal trade

Says rating is underpinned by relatively large economy, robust growth potential

Recovery in real effective exchange rate was due following depreciation