RDA: Inflows Surpass $7bn Mark

MG News | November 23, 2023 at 09:54 PM GMT+05:00

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November 23, 2023 (MLN): The total cumulative inflows into Roshan Digital Accounts (RDA) have surpassed the $7 billion mark as of November 23,2023.

To note, as of October, cumulative inflows totaled $6.898 billion. This shows that the RDA has received around $102 million in inflows during this month, with a week still remaining.

#RoshanDigitalAccount (RDA) inflow crosses USD 7 Billion mark! Thank you Overseas Pakistanis for your unwavering support and trust.#OverseasPakistanis pic.twitter.com/1ipMRwDFvi
— SBP (@StateBank_Pak) November 23, 2023

In the month of October, when the SBP released key statistics data on the RDA, the amount repatriated and locally utilized was $126m showing that the Net Repatriable Liability of RDA increased by $16m in the said month.

The amount repatriated during October was $27m while $99m was utilized locally.

Total cumulative repatriation and local utilization as of October, stood at $5.74bn out of which $1.52bn has been repatriated while the locally utilized amount was $4.22bn making the Net Repatriable Liability (NRL) $1.16bn or 16.74% of total RDA.

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