Asian bonds attracted foreign inflows for a fourth successive month in August on optimism that the US Federal Reserve will start easing interest rates in September. Overseas investors made substantial purchases of regional bonds in Indonesia, India, Malaysia, South Korea and Thailand, totalling a net $14.06 billion in August – the largest monthly net purchases … Read more
KARACHI: Overseas Pakistanis deposited and invested $161 million in July 2024 through the Roshan Digital Account (RDA), a figure below the past six-month average, contributing to a Rs0.18/$ decline in the domestic currency in the inter-bank market on Wednesday. According to State Bank of Pakistan (SBP) data, these inflows have pushed total RDA receipts to … Read more
Pakistan has secured $8.416 billion in gross inflows through the Roshan Digital Account (RDA) since its inception four years ago on September 10, 2020, according to data released by the State Bank of Pakistan (SBP). Of the total amount, $1.624 billion has been repatriated, while $5.334 billion has been utilized locally, leaving a net repatriable … Read more