KARACHI - Despite a tough strategy of the State Bank of Pakistan, the country is facing around 70 million dollars capital outflow daily from the country amid macroeconomic destabilization and dearth in investing opportunities.   The said amount of foreign exchange is being transferred to Dubai, Malaysia and Kuwait through clandestine channels, sources told The Nation on Friday. On account of ongoing recessionary tendency being witnessed in the local share market, the financial inflow of workers' remittances is neither invested in stock market and unexpectedly nor utilized in real estate business. The phenomenon of "capital of flight" is affecting supply side of the financial inflows, going down already sinking foreign exchange reserves. The transfer of this inflow through official and unofficial channel is widening dollar-rupee exchange rate parity. The practice is on rise with the help of bankers, money changers and some well-known builders with the aim to increase profit margins. Sources said the big investors are not interested in buying stake in the real estate on account of political instability and weakening economic environment. The major builders are making investment in the Middle East countries like Dubai, Qatar, Abu Dhabi and Malaysia are the top destinations for investment ventures due to growing demand in construction sector, low interest rates and viable infrastructural facilities. The place of "Ajman" is most popular amongst Pakistani real estate investors for venturing there because of affordable cement and material building prices, sources added. On the one hand, despite showing some recovery, the manipulators are keeping away both local and foreign investors from the money market to bring financial inflows because they are portraying instable outlook for the markets to get more profit margins in exchange rate and on the other, the received capital inflow is being shifted from Pakistan to other countries is causing huge dollars-buying, said currency analyst. Since Wednesday rupee showed improvement against the US dollar after SBP intervention but it must be kept in view that our exchange rate regime is much influenced by the volatile-like situation in the capital market which is being persisted on the back of flight of capital, from the local markets.