In February 2024, foreign exchange inflows through Pakistan’s Roshan Digital Accounts (RDAs) amounted to $141 million, slightly lower than the previous month’s $142 million, according to data released by the State Bank of Pakistan (SBP).
The cumulative RDA funds received by the end of February 2024 showed a 2 percent increase, reaching $7.478 billion. Of this total, $1.55 billion has been repatriated, while $4.66 billion has been utilized locally. The net repatriable liability stood at $1.25 billion.
During February, $9 million was repatriated through RDAs, while $11 million was utilized locally. The net repatriable liability for the month amounted to $21 million.
Since their launch, a total of 668,701 RDAs have been opened, indicating a 1.35 percent increase compared to the previous month.
In terms of investments made through RDAs in February 2024, the total net investment stood at $805 million. Conventional NPC Investments amounted to $304 million, Islamic NPC Investments reached $501 million, and Roshan Equity Investments accounted for $32 million. Balances in Accounts were recorded at $392 million, with Other Liabilities standing at $24 million.
The figures highlight the continued interest and utilization of Roshan Digital Accounts as a channel for foreign exchange transactions and investments, contributing to Pakistan’s efforts to attract overseas remittances and investment inflows.
