Categories: Everyday News

RDA inflows cross $2.114 billion

KARACHI: Roshan Digital Account (RDA) inflows crossed $2.114 billion at the end of last month – August. 

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As per the State Bank of Paki­stan’s data, the recent surge in RDA inflows, as compared to June this year, is a welcome step to rectify the current account deficit that is expected in FY22. 

The RDA initiate was made effective in September 2020 and attracted only $7 million in the start. But with the support of the government, it has reached momentum and now has crossed the $ 2 billion mark. 

As per details, in the first 8 months of 2021, the RDA performed well and attracted $1.864 billion with the total reaching $2.114 billion by end of August. 

 

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Laila Waqar

Laila Waqar is the Content Lead at Graana.com. With a bachelor's degree from LUMS, her expertise lies in curating research-based content in line with market marketing requirements. She is a detailed-oriented professional who focuses on delivering quality content that is enlightening and engaging.

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