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Home Business Roshan Digital Account records highest single-day deposits with $57 mln
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Roshan Digital Account records highest single-day deposits with $57 mln

By
Web Desk
-
June 22, 2022
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    Roshan Digital Account

    Islamabad: The Roshan Digital Account recorded the highest single-day deposits on Tuesday, with $57 million being sent back home by overseas Pakistanis.

    According to a tweet by the State Bank of Pakistan (SBP), 21 June marked “another historic day in Roshan Digital Account, with $57 million in deposit inflows, highest ever daily figure.”

    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. pic.twitter.com/TRQpN0Hvn5

    — SBP (@StateBank_Pak) June 21, 2022

    With this development, the total amount deposited in the RDA crossed $4.5 billion, per the central bank tweet.

    Amid the continuous pressure on the Pakistani rupee against the US dollar and the depleting foreign exchange reserves, the continued trust of overseas Pakistanis with record remittances comes as a sign of relief and an attempt to stabilise the currency.

    Read: Foreign exchange reserves of Pakistan drop by $233 million: SBP

    ‘Govt stands firmly behind Roshan Digital Account scheme’

    Prime Minister Shehbaz Sharif also thanked “overseas Pakistanis for reposing their trust in the motherland.”

    In a tweet, the premier reiterated the government’s commitment to stand firmly behind the RDA scheme.

    Our government stands firmly behind Roshan Digital Account scheme. Happy that yesterday State Bank received $57 million the largest inflow in a day ever. We have now crossed $4.5 billion in total deposits. I thank overseas Pakistanis for reposing their trust in the motherland.

    — Shehbaz Sharif (@CMShehbaz) June 22, 2022

    “Happy that yesterday State Bank received $57 million, the largest inflow in a day ever. We have now crossed $4.5 billion in total deposits. I thank overseas Pakistanis for reposing their trust in the motherland.”

    • TAGS
    • RDA
    • Roshan Digital Account
    • SBP
    • state bank of pakistan
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