Foreign exchange inflows through the Roshan Digital Accounts (RDAs) experienced a slight decline in July 2024 compared to the previous month, according to the State Bank of Pakistan.
Gross inflows totaled $161 million in July, down from $200 million in June but still exceeding the $137 million recorded in July 2023. Net inflows, which account for the difference between inflows and repatriated funds, amounted to $147 million in July.
Despite the monthly fluctuation, the overall value of funds received through RDAs since their launch in September 2020 continued to grow. By the end of July, total inflows reached $8.416 billion.
While a portion of these funds has been repatriated or utilized locally, the net repatriable liability remains at $1.45 billion.
The State Bank also provided a breakdown of investment allocations made through RDAs, with NPC Investments (Conventional) and NPC Investments (Islamic) accounting for a significant portion. Roshan Equity Investments and balances in accounts also contributed to the overall portfolio.
The number of RDAs opened continued to increase, reaching 723,598 in July. This represents a 1.5% growth compared to the previous month.
