Business

Roshan Digital Account Inflows Hit $168 Million in September 2024

Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $168 million in September 2024, compared to $165 million in the previous month.

Net inflows (Gross inflow less funds repatriated) under RDA clocked in at $151 million in September 2024 vs last 6-month average of $167 million and an average of $145 million since its launch in September 2020.

Overall RDA funds received to date increased to $8.749 billion by the end of September 2024. Till the end of September, $1.663 billion have been repatriated with $5.554 billion utilized locally. The net repatriable liability was at $1.532 billion.

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From September 2020 to September 2024, total net investments made through RDA stood at $1.532 billion. NPC Investments (Conventional) stood at $380 million, while NPC Investments (Islamic) were recorded at $656 million. Roshan Equity Investments came in at $41 million. The Balances in Accounts were recorded at $420 million with Other Liabilities coming in at $34 million.

As per data, 746,251 RDAs have been opened since they were launched.

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ProPK Staff