Thursday, March 27, 2025
9.4 C
London

Roshan Digital Account Inflows Fall to $171 Million in April

Foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $171 million in April 2024, compared to $182 million in the previous month.

Overall RDA funds received to date increased to $7.831 billion by the end of April 2024, according to the State Bank of Pakistan (SBP). Till the end of April, $1.587 billion have been repatriated with $4.925 billion utilized locally. The net repatriable liability was at $1.32 billion.

In April, funds of $11 million were repatriated. The funds utilized locally stood at $123 million. Meanwhile, the net repatriable liability in April was $38 million.

From September 2020 to April 2024, total net investments made through RDA stood at $873 million. NPC Investments (Conventional) stood at $317 million, while NPC Investments (Islamic) were recorded at $523 million. Roshan Equity Investments came in at $33 million. The Balances in Accounts were recorded at $418 million with Other Liabilities coming in at $28 million.

Hot this week

FBR Mandates Digital Payment Integration for All Registered Retailers

The Federal Board of Revenue (FBR) has issued a...

CDC Share Registrar Services Introduces WhatsApp E-Voting for Seamless Shareholder Participation

CDC Share Registrar Services Limited (CDCSR), a wholly owned...

SECP to Host InsureImpact Conference Pakistan 2025 to Advance Insurance Sector Digitalization

The Securities and Exchange Commission of Pakistan (SECP) is...

Telenor Microfinance Bank Rebrands as Easypaisa Digital Bank to Enhance Digital Banking Services

Telenor Microfinance Bank has officially rebranded to Easypaisa Digital...

Meezan Bank Launches Foreign Currency Debit Card for Freelancers and Exporters

Meezan Bank has introduced a new Foreign Currency (FCY)...

Topics

FBR Mandates Digital Payment Integration for All Registered Retailers

The Federal Board of Revenue (FBR) has issued a...

Telenor Microfinance Bank Rebrands as Easypaisa Digital Bank to Enhance Digital Banking Services

Telenor Microfinance Bank has officially rebranded to Easypaisa Digital...

Meezan Bank Launches Foreign Currency Debit Card for Freelancers and Exporters

Meezan Bank has introduced a new Foreign Currency (FCY)...

1LINK Partners with OneNetwork to Facilitate Seamless MTAG Toll Payments on 1BILL Platform

1LINK, Pakistan’s leading payment gateway, has officially integrated OneNetwork...

1LINK Onboards OneNetwork for Effortless MTAG Toll Payments via 1BILL

1LINK (Pvt) Limited, Pakistan’s leading payment gateway, has announced...
spot_img

Related Articles

Popular Categories

spot_imgspot_img