KARACHI: The State Bank of Pakistan (SBP) has set an aim of channelising the investment of $1bn through Roshan Digital Accounts (RDA).
Moreover, the central bank has allowed the overseas Pakistanis to invest in the UK pound and euro apart from investing in the US dollar and rs.
In last week, the inflow of receipts in RDA was recorded at $500mn.
While speaking on the occasion, Deputy Governor SBP was of the view that overseas Pakistanis for the purpose of investment can invest in Naya Pakistan Certificates.
Commenting on the success of RDA, Deputy Governor SBP said that the charges on the international transaction cost have been reduced significantly and $5-9 are being charged instead of $40-50.
A significant aspect of the RDA is that the money can be sent back into the accounts where the overseas Pakistanis reside without taking the consent of the State Bank.
For news and blogs, visit Graana.com.
Located in the heart of Islamabad, Kashmir House serves as a prestigious guesthouse for officials…
Lahore, known as Pakistan's cultural and historic heart, is home to numerous ancient sites, bustling…
Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…
Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…
Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…
ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
