Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at $7.195 billion by the end of December 2023, according to the State Bank of Pakistan (SBP).
Till the end of December, $1.538 billion have been repatriated with $4.442 billion utilized locally. The net repatriable liability at $1.215 billion.
In December, funds received stood at $160 million, while funds of $7 million were repatriated. The funds utilized locally stood at $120 million. Meanwhile, the net repatriable liability in December was $34 million.
As per data, 651,057 RDAs have been opened since they were launched, representing a 1.6 percent increase on a month-on-month basis.
In December 2023, total net investments made through RDA stood at $816 million. NPC Investments (Conventional) stood at $331 million, while NPC Investments (Islamic) were recorded at $455 million. Roshan Equity Investments came in at $30 million. The Balances in Accounts were recorded at $375 million with Other Liabilities coming in at $24 million.
Stay Connected with ProPakistani
Get the latest business news, market insights, and economic updates wherever you prefer.
Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
