Forex

US Dollar, Riyal, Pound and Dirham Are Trading Mixed Against Rupee in Pakistan Open Market

Exchange Rates

Pakistan’s currency market is remaining active as the rupee is trading with limited volatility against major international currencies in the open market, reflecting balanced demand and supply conditions.
The US Dollar is currently trading at around Rs 281 buying and Rs 283 selling, remaining the most watched currency due to its role in Pakistan’s trade and financial obligations. Importers are staying alert, while exporters are adjusting strategies in response to the rupee’s movement.
The Saudi Riyal is hovering near Rs 74.80 on the buying side and Rs 75.45 on the selling side. Strong labor connections between Pakistan and Saudi Arabia are keeping the Riyal in consistent demand, with remittances continuing to support household consumption across the country.
Similarly, the UAE Dirham is trading close to Rs 76.60 buying and Rs 77.50 selling. Pakistanis working in the UAE are regularly sending money home, helping stabilize foreign exchange flows and supporting the rupee.
The UK Pound Sterling is trading around Rs 378.75 for buying and Rs 382.75 for selling, reflecting ongoing demand for education fees, medical expenses, and family-related transfers linked to the United Kingdom.
The Canadian Dollar is trading at nearly Rs 204 buying and Rs 208 selling. Canada’s growing Pakistani diaspora is keeping the currency relevant, particularly for immigration and student-related payments.
Meanwhile, the Omani Riyal is standing at approximately Rs 728.65 buying and Rs 738.65 selling. Oman continues to employ a sizable Pakistani workforce, and regular remittances are supporting foreign exchange inflows.
Overall, the rupee is moving in a controlled range, supported by steady remittance inflows and cautious market sentiment. Analysts are observing that overseas workers are continuing to play a crucial role in maintaining balance in Pakistan’s currency market.

Business Desk

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