In June, Roshan Digital Account Inflows Exceeded $6.3 Billion.

Web DeskJuly 14, 2023
In June, Roshan Digital Account Inflows Exceeded $6.3 Billion.

According to the State Bank of Pakistan (SBP), foreign exchange inflows through Roshan Digital Accounts (RDAs) totaled $6.35 billion at the end of June 2023.

According to central bank figures, $1.452 billion in funds were repatriated by the end of June, with $3.77 billion used locally. The total amount repatriated and utilized is $5.229 billion, with a net repatriable obligation of $1.121 billion

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In June, cash received totaled $127 million, with $24 million returned. The monies used locally totaled $115 million. In June, the net repatriable liabilities was $12 million.

According to official figures, 585,885 RDAs have been opened since their inception, showing a 1.9 percent monthly rise.

RDA totaled $716 million in net investments from September 2020 to June 2023. NPC Investments (Conventional) totaled $321 million, with NPC Investments (Islamic) totaling $377 million. Roshan Equity Investments has a net worth of $18 million. Balances in Accounts totaled $385 million, with Other Liabilities totaling $20 million.

 

 

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