ISLAMABAD: The State Bank of Pakistan has reported the highest-ever single day inflow of $57 million in the Roshan Digital Account.
The SBP said, “Today marks yet another historic day in #RoshanDigitalAccount, with $57mn in deposit inflows, highest ever daily figure. With this significant increase, total deposits in RDA have crossed $4.5bn. We are humbled by the continuous trust and commitment of our #OverseasPakistanis.”
The RDA was launched in September 2020 to attract foreign exchange from overseas Pakistanis and provide them with higher returns than are available in the world markets.
The contribution of overseas Pakistanis to the economy is much bigger than the entire exports of the country while they are protecting the country from default by remitting record remittances of over $30bn.
Meanwhile, on Wednesday the US dollar fell below Rs211 level in the inter-bank amid positive reports of Pakistan-IMF agreement signing in a couple of days for the resumption of loan.
The US dollar has lost its steam after the announcement of good news about IMF loan agreement and the State Bank’s report about record single-day inflows of $57 million in the Roshan Digital Account.
