RDA receives highest ever deposits of $290mn in March

MG News | April 01, 2022 at 05:45 PM GMT+05:00

0:00

April 01, 2022 (MLN): Roshan Digital Account (RDA) had one of its best months ever in March, with deposits of $290 million and 23,312 new accounts, the State Bank of Pakistan (SBP) said on Friday.

Making an announcement on Twitter, SBP said, “Since its launch, RDA has gone from strength to strength, with total deposits surging to $3.92bn & 388,494 accounts opened from 175 countries.

Since the start of the RDA, a banking facility for Pakistani abroad, the government had made a number of decisions to make the scheme more attractive by reducing the tax compliance costs. Further, the government has made the taxation system easy, convenient, and hassle-free for NRPs to open and operate these accounts without being physically present in the country.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	161,984.09 154.38M	-0.07% -118.84
ALLSHR	98,189.94 489.34M	-0.24% -234.12
KSE30	49,161.36 58.13M	-0.04% -17.30
KMI30	230,829.80 70.22M	-0.17% -400.50
KMIALLSHR	63,732.08 225.59M	-0.47% -301.79
BKTi	43,965.77 15.52M	-0.07% -31.87
OGTi	31,602.70 8.41M	-1.33% -424.64

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	88,705.00	88,875.00 85,200.00	4105.00 4.85%
BRENT CRUDE	63.42	63.43 61.94	0.86 1.37%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.10 0.12%
ROTTERDAM COAL MONTHLY	96.30	96.30 96.30	1.00 1.05%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	58.89	58.91 57.42	0.83 1.43%
SUGAR #11 WORLD	14.85	14.96 14.70	0.07 0.47%