Foreign exchange inflows through the Roshan Digital Accounts (RDAs) arrived at $141 million in February 2024, compared to $142 million in the previous month.
Overall RDA funds received to date increased by 2 percent to $7.478 billion by the end of February 2024, according to the State Bank of Pakistan (SBP). Till the end of February, $1.55 billion have been repatriated with $4.66 billion utilized locally. The net repatriable liability was at $1.25 billion.
In February, funds of $9 million were repatriated. The funds utilized locally stood at $111 million. Meanwhile, the net repatriable liability in February 2024 was $21 million.
As per data, 668,701 RDAs have been opened since they were launched, representing a 1.35 percent increase on a month-on-month basis.
In February 2024, total net investments made through RDA stood at $805 million. NPC Investments (Conventional) stood at $304 million, while NPC Investments (Islamic) were recorded at $501 million. Roshan Equity Investments came in at $32 million. The Balances in Accounts were recorded at $392 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.
