Roshan Digital Account deposits cross $4.6 billion

BusinessRoshan Digital Account deposits cross $4.6 billion

KARACHI, Pakistan: The total inflows of Roshan Digital Account (RDA) have now crossed US$ 4.6 billion, the State Bank of Pakistan (SBP) said.

In a statement on Tuesday, the State Bank said that the RDA inflows increased to a three-month high of US$ 250 million in June 2022, up 32 percent as compared to May, the State Bank of Pakistan (SBP) said.

It said that both the SBP and the government remained committed to serving the needs of our Overseas Pakistanis, and we thank them for their continuous trust.

For details on RDA progress, click here

The State Bank further said that around US$ 800 million have been repatriated by the RDA holders in 22 months since start of Roshan Digital Account Scheme in September 2020 to meet their personal needs in their Countries of residence.

As a result, net inflows amount to over US$ 3.8 billion, it added.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

PM launches Buna-Raast Connectivity Project to streamline remittances from Arab world to Pakistan

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif on Thursday launched Buna-Raast Connectivity Project in Islamabad to streamline remittances from the Arab world to Pakistan. The...
Monal Restaurant in Margalla National Park shows how the Superclass manipulates rules in Pakistan

Monal Restaurant in Margalla Hills National Park shows how the Superclass manipulates rules in...

0
Islamabad, Pakistan: The saga of Monal Restaurant in Margalla Hills National Park is a textbook example of how the Superclass manipulates rules to benefit...

USD to PKR: USD Dollar Rate in Pakistan Today – 22 August 2024

0
The US Dollar (USD) was being bought and sold at Rs 279.6 and Rs 280.3 in the Open Market against the Pakistani Rupee (PKR)...

Gold Price in Pakistan Today – 22 August 2024

0
On Thursday (August 22, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 261,450.000.It's important to note that gold...

Pakistan’s New Envoy to US stresses need for result-oriented diplomacy

0
The newly appointed Pakistani Ambassador to the United States Rizwan Saeed Sheikh has formally assumed his diplomatic responsibilities as Pakistan’s Ambassador to the United...
Advertisement