Trends - Roshan Digital Account

Roshan Digital Account

A relationship based on trust

Prime minister Imran Khan’s views about balance of payment (BoP) are spot on. Tapping expatriates is the only way...

Published 01 May, 2021 03:28am

Pakistan

Meezan Bank receives multiple awards

ISLAMABAD: Meezan Bank, the leading Islamic bank of Pakistan received the following two awards by the Honorable ...

Updated 30 Apr, 2021 10:34am

Balance of payment (BoP) stability: Tapping expatriates only way in absence of export boost: PM

ISLAMABAD: Prime Minister Imran Khan Thursday said that the overseas Pakistanis, especially workers are an asset of...

Published 30 Apr, 2021 05:06am

Business & Finance

Families of Overseas Pakistanis can get cars at cheaper rates under Roshan Apni Car Scheme

The ‘Roshan Apni Car’ scheme will facilitate non-resident Pakistanis (NRPs) to purchase cars at a lower price through Roshan Digital Accounts.
Currently, people have to pay 12 to 13 percent on car financing at conventional banks, while NRPs can avail the facility at 7 percent. This means that Overseas Pakistanis will get the cars 20 percent cheaper.

Updated 29 Apr, 2021 09:17pm

Pakistan

PM Khan to announce two new schemes for overseas Pakistanis today

Faisal says two new initiatives are being launched for RDA holders: Roshan Apni Car and Roshan Samaaji Khidmat
It is now possible for overseas Pakistanis to pay donations easily by going into the banks' portals and selecting the charity they want to pay and the amount: Senator

Published 29 Apr, 2021 10:30am

Business & Finance

SBP to launch two new initiatives under Roshan Digital Accounts scheme

As per details, the central bank will be launching two new initiatives under RDA namely: Roshan Apni Car and Roshan Samaaji Khidmat.

Published 27 Apr, 2021 03:59pm

RDA deposits exceed $1bn in 7 months

KARACHI: The Roshan Digital Account, a banking solution for Non-Resident Pakistanis (NRPs), has fetched inflows...

Published 25 Apr, 2021 03:13am

PM thanks overseas Pakistanis

ISLAMABAD: Prime Minister Imran Khan Saturday thanked the overseas Pakistanis as the cumulative inflow deposits...

Published 25 Apr, 2021 03:13am

Business & Finance

PM lauds Overseas Pakistanis as Deposits in RDAs cross $1bn mark

As per the State Bank of Pakistan (SBP), the increase comes on the back of an inflow of $ 194mn in April. Inflows have been accelerating every month since the RDA launch in September 2020.

Updated 24 Apr, 2021 02:30pm

Markets

USD to decline further against PKR; Expert anticipates record Remittances in Eid season

“Each month $300 to $400 million dollars are coming into interbank market through exchange companies which have led to the rise in foreign exchange reserves and strengthen the local currency,” he said.
Malik Bostan informed that Pakistan has become the fourth largest in terms of remittance inflows, with India at the top followed by China and the Philippines.

Published 13 Apr, 2021 02:11pm

Azhar, Baqir meet PM

ISLAMABAD: Minister for Finance and Revenue Hammad Azhar and Governor State Bank of Pakistan (SBP) Reza Baqir,...

Published 09 Apr, 2021 04:51am

$499m IMF tranche received

KARACHI: Pakistan on Tuesday night received around $500 million from International Monetary Fund (IMF) as a loan...

Published 31 Mar, 2021 05:42am

Business & Finance

HabibMetro, CDC sign agreement for NRP investment in PSX

KARACHI: HabibMetro and Central Depository Company (CDC) signed an agreement that aims to facilitate Non-Resident...

Published 31 Mar, 2021 05:42am

BR Research

Currency diary: Rupee appreciation marches on

The currency appreciation continues, crossing the psychological level of 155 on Friday. This is almost the pre-Covid...

Published 29 Mar, 2021 07:25am

Business

FBR introduces new tax regime for NRPs having RDA

LAHORE: The Federal Board of Revenue (FBR) has introduced a new simple, convenient and the hassle-free tax regime ...

Published 21 Mar, 2021 04:05am

Editorials

Roshan Digital Account: it’s really roshan

EDITORIAL: Roshan Digital Account (RDA) is fast becoming a success story. At the time of its launch, there were...

Published 19 Mar, 2021 05:32am

RDAs exceed 0.1m mark in 6 months: SBP

KARACHI: The newly-launched Roshan Digital Account, a banking solution for Non-Resident Pakistanis (NRPs), has...

Published 13 Mar, 2021 04:28am

Europe-based envoys: Qureshi underscores need for using economic tools

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi, on Wednesday, urged Pakistan’s envoys based in European ...

Published 04 Mar, 2021 04:58am

Pakistan

Inflows under RDAs, INPCs: Meezan Bank webinar tomorrow

KARACHI: In order to attract more foreign inflows under the Roshan Digital Account and Islamic Naya Pakistan...

Updated 02 Mar, 2021 09:46am

Pakistan

RDA realization of vision of PM: Governor SBP

Deputy Governor SBP said that account opening process for overseas Pakistanis had been completely revolutionized.

Published 24 Feb, 2021 07:51pm

BR Research

RDA gets going

The Roshan Digital Account (RDA) is gaining pace. The scheme was launched on 10th Sep 2020, and the amount received...

Published 23 Feb, 2021 07:25am

SBP asked to set up cell to boost inflows into RDA

ISLAMABAD: Prime Minister Imran Khan has asked the State Bank of Pakistan (SBP) to set up a cell in the central bank...

Published 19 Feb, 2021 04:07am

Pakistan

Country's economic indicators on positive trajectory: PM

Imran Khan said the present government has made record repayments of twenty billion dollars in foreign loans over the last two and a half years.

Published 18 Feb, 2021 06:31pm

Business & Finance

Despite COVID-19, Pakistan economy moving in the right direction, says PM

The premier was of the view that unless the rupee strengthens, the economy will not strengthen because when the currency falls, so does investment.

Updated 18 Feb, 2021 04:58pm

Business & Finance

Baqir expects more milestones as Roshan Digital Accounts achieve $500mn target

“It is a great day for us as the State Bank of Pakistan (SBP) Roshan Digital Accounts have achieved the milestone of $500 million,” said Baqir in a ceremony on Thursday, while thanking the Prime Minister for the premier’s vision alongside lauding the Overseas Pakistanis as well.

Updated 18 Feb, 2021 12:51pm

RDA, NPCs: SBP chief explains how new initiatives will benefit economy

KARACHI: The Governor State Bank of Pakistan (SBP) Dr Reza Baqir elaborated that initiatives of Roshan Digital...

Published 13 Feb, 2021 04:11am

Startups, fintechs and exports: SBP notifies revisions in chapter 20 of FE Manual

KARACHI: The State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to...

Published 11 Feb, 2021 04:34am

Business & Finance

SBP Modernizes Foreign Exchange Regulations to facilitate Startups, Fintechs & Exports

The State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to modernize foreign exchange regulations for facilitating startups, fintechs and exports in Pakistan.

Updated 10 Feb, 2021 09:56pm

Life & Style

HABIBMETRO Bank sign Jahangir Khan as RDA ambassador

KARACHI: HABIBMETRO signed squash world champion Jahangir Khan as the ambassador for its Roshan Digital Account. The...

Updated 05 Feb, 2021 11:50pm

Foreign inflows through RDAs reach $436m

ISLAMABAD: The Prime Minister Imran Khan was informed that foreign inflows through Roshan Digital Account (RDAs) has...

Published 05 Feb, 2021 04:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Petrol/Litre / Apr 23	293.94
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Diesel/Litre / Apr 23	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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