RDA Crossed $1.8 Billion Mark in Accumulative Deposits
RDA received inflows of $307 million in July while it was $310 million in June which was the second consecutive month when the deposits crossed the $300 million-mark.
Roshan Digital Account (RDA) continues its streak of making records as some $1.87 billion have been cumulatively deposited in it until July.
RDA received inflows of $307 million in July while it was $310 million in June.
It was the second consecutive month when the deposits crossed the $300 million-mark.
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The initiative was launched by the State Bank of Pakistan in September 2020 for overseas Pakistan and investment in different securities through the account offered lucrative returns.
The first month’s deposits were only $7 million but it gradually grew and kept accomplishing milestones. The inflows have also raised Pakistan’s foreign exchange reserves.
There are some 200,000 accounts in RDA since its launch in September last year.
