KARACHI: The State Bank of Pakistan (SBP) announced on Friday that inflows into the Roshan Digital Account (RDA) have surpassed $3 billion.
“Roshan Digital Account now has three achievements under its belt. “In just 16 months, over 300,000 accounts have been established, deposits have surpassed $3 billion, and investments in Naya Pakistan Certificates have surpassed $2 billion,” the central bank stated in a Twitter statement.
For “these extraordinary outcomes,” the SBP expressed gratitude to overseas Pakistanis and banks.
#RoshanDigitalAccount achieves 3 more milestones. Over 300,000 accounts opened, deposits cross $3bn and investments in #NayaPakistanCertificates rise above $2bn in just 16 months. Grateful to our Overseas Pakistanis & banks for these remarkable results. https://t.co/vOxEvdpNTP pic.twitter.com/sTduZBD31Y
— SBP (@StateBank_Pak) January 7, 2022
The SBP previously announced that its foreign exchange reserves decreased by US$169 million in the week ended December 31.
According to the central bank, the SBP’s foreign currency reserves were recorded at $17,680 million on December 24, down $169 million from the previous day’s figure of 17,855.3 million.
The State Bank of Pakistan possessed US$17,686.0 million in foreign reserves, while commercial banks held US$6,332.8 million in net foreign reserves. The total liquid foreign reserves of the country were valued at US$24,018.8 million.
