RDA flows rise to $8.953 billion in October 2024 – Trendy Blogger

Islamabad: The flow of remittances under the Roshan Digital Account (RDA) increased to US$8.953 billion at the end of October 2024 compared to US$8.749 billion at the end of September (2024).

The data showed that remittance inflows during October recorded US$204 million compared to US$168 million in September and US$165 million in August 2024, according to the latest data released by the State Bank of Pakistan (SBP). .

These accounts provide innovative banking solutions to millions of Non-Resident Pakistanis (NRPs), including Non-Resident Pakistani Origin Card (POC) holders, seeking to undertake banking, payment and investment activities in Pakistan.

The number of accounts registered in the program also increased by 11,336 to 757,587 in October 2024 from 746,251 accounts in September 2024.

By the end of October, overseas Pakistanis had invested US$393 million in Naya Pakistan Certificates, US$687 in Naya Pakistan Islamic Certificates, and US$45 million in Roshan stock investment.

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