RDA inflows dip to $161m in July D_Trends

RDA inflows dip to 1m in July D_Trends

KARACHI: Overseas Pakistanis deposited and invested $161 million in July 2024 through the Roshan Digital Account (RDA), a figure below the past six-month average, contributing to a Rs0.18/$ decline in the domestic currency in the inter-bank market on Wednesday. According to State Bank of Pakistan (SBP) data, these inflows have pushed total RDA receipts to … Read more

RDA attracts net inflows of $8.416 billion since its inception D_Trends

RDA attracts net inflows of .416 billion since its inception D_Trends

Pakistan has secured $8.416 billion in gross inflows through the Roshan Digital Account (RDA) since its inception four years ago on September 10, 2020, according to data released by the State Bank of Pakistan (SBP). Of the total amount, $1.624 billion has been repatriated, while $5.334 billion has been utilized locally, leaving a net repatriable … Read more