Karachi: Pakistan’s Roshan Digital Account (RDA) has attracted $8.416 billion in gross inflows since its launch four years ago, claims a news source on August 22.
According to the details, data from the State Bank of Pakistan (SBP) reveals that of the total inflows, USD 1.624 billion has been repatriated, while USD 5.334 billion has been utilised locally. As of the end of July, the net repatriable liability is USD 1.458 billion.
Despite a slower inflow than more volatile investment options, financial market experts view the RDA as a stable and sustainable alternative for foreign investment, particularly in high-yielding domestic bonds.
As a graduate in English Literature, Zohaib believes that words are not just a mere figment of imagination. It takes wisdom to be good at them. Following this reason, he is pursuing his career as Public Relations and Content Specialist at Zameen.com.
