Business

Roshan Digital Account Inflows Cross $200 Million in October 2024

Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $204 million in October 2024, compared to $168 million in the previous month. 

Net inflows (Gross inflow less funds repatriated) under RDA clocked in at $192 million in October 2024 vs last 6-month average of $173 million and an average of $146 million since its launch in September 2020. 

Overall RDA funds received to date increased to $8.953 billion by the end of October 2024. Till the end of October $1.674 billion have been repatriated with $5.686 billion utilized locally. The net repatriable liability was at $1.592 billion. 

Ad Powered By Advergic
Loading ad . . .
Ad - Continue scrolling to read

From September 2020 to October 2024, total net investments made through RDA stood at $1.592 billion. NPC Investments (Conventional) stood at $393 million, while NPC Investments (Islamic) were recorded at $687 million. Roshan Equity Investments came in at $45 million. The Balances in Accounts were recorded at $431 million with Other Liabilities coming in at $36 million. 

As per data, 757,587 RDAs have been opened since they were launched. 

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.

Share
Published by
Umer Tariq