RDA: Inflows reach $5.57bn in December
MG News | January 06, 2023 at 01:17 PM GMT+05:00
January 06, 2023 (MLN): Foreign exchange inflows through Roshan Digital Account (RDA) have reached $5.57 billion by December 2022 since its launch in September 2020, latest data released by the State Bank of Pakistan (SBP) showed on Thursday.
In the month of December 2022, the overseas Pakistanis deposited $140mn into RDA compared with $141mn recorded in the previous month.
As per the data, of the total $5.57bn, $3.49mn was invested in Naya Pakistan Certificates (NPCs) while $48 investment has been observed in the equity market through RDA.
Out of the total amount invested in NPCs, $1.77bn has been invested in conventional NPCs, whereas $1.72bn has been invested in Islamic NPCs.
So far, 511,159 accounts have been opened from around 175 counties across different Pakistani banks, the data further unveiled.
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