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RDA: Inflows Surpass $7bn Mark

RDA: Inflows surpass mark of $7bn as of November
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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.

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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Posted on: 2023-11-23T21:54:01+05:00