Roshan Digital Accounts report $186m in inflows for November 2024

Gross foreign exchange inflows through Roshan Digital Accounts (RDAs) amounted to $186 million in November 2024 marking a decline from $204 million in October.

Of this amount, $1.69 billion has been repatriated while $5.8 billion has been utilized for domestic investments. The remaining repatriable liability stands at $1.65 billion.

Since their launch in September 2020 RDAs have facilitated net investments totaling $1.19 billion. This includes $426 million in conventional Naya Pakistan Certificates (NPCs), $712 million in Islamic NPCs, and $41 million in Roshan Equity Investments. Additionally, account balances have reached $427 million, with other liabilities amounting to $37 million.

In November 2024 alone, 10807 new RDAs were opened, bringing the total number of accounts to 768394. This growth highlights the continued interest and participation of overseas Pakistanis in using RDAs for investment and remittance purposes.

These figures demonstrate the increasing popularity of RDAs as a secure channel for both investment and money transfers, bolstering the country’s foreign exchange reserves and providing more opportunities for overseas Pakistanis to invest.