Connect with us


Pakistan gets $ 1.7 billion via GDR until July 12 – News




No proposal under consideration by the federal government to introduce polymer banknotes.

The Roshan Digital Account (RDA) has remained a popular choice for overseas Pakistanis as they use the platform to invest in the country, according to the latest data.

“Pakistan received foreign currency inflows worth $ 1.7 billion as of July 12, 2021 via GDR,” according to the latest data submitted to the upper house of parliament on Friday.

State Minister for Parliamentary Affairs Ali Muhammmad Khan informed the Senate, the upper house, that the country had received $ 1.7 billion in foreign exchange via the GDR as of July 12.

Roshan digital accounts have generated great interest from overseas Pakistanis since their launch by Pakistani Prime Minister Imran Khan on September 10, 2020. It has received a record $ 310 million in monthly deposits and 233 million dollars in Naya Pakistan Certificates (NPCs) through Roshan Digital Accounts. in June.

“By the end of June 2021, $ 1,050 million had been invested in NPCs, including $ 621 million in conventional NPCs and $ 429 million in Islamic NPCs,” said the Central Bank of Pakistan.

“There are 181,556 accounts from 171 countries around the world that have been opened under the RDA program as non-resident Pakistanis have shown interest in investing in Naya Pakistan certificates and the stock market,” according to the report. the central bank.

Polymer banknotes

Responding to a question posed to the upper house of parliament, Ali Muhammmad Khan said no federal government proposal was under consideration to introduce polymer banknotes.

“The State Bank of Pakistan, as the sole banknote issuer in the country, is constantly evaluating new technologies, including a polymer substrate, to improve the security of our banknotes,” the minister said. .

[email protected]

Muzaffar Rizvi Business Editor / News Editor of Khaleej Times is a well-connected journalist and economic and financial commentator. He has worked in mainstream journalism since 1997, covering the economy and key sectors of the UAE. He holds a graduate degree in economics and has won numerous awards for authentic and insightful reporting on global and regional business and economic trends.




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]