Forex

USD to PKR Stable as Gulf Currencies Hold Firm in Pakistan Open Market

Exchange Rates

Major foreign currencies are trading steadily in Pakistan’s open market today, as the US dollar, Saudi riyal, UAE dirham, British pound, Canadian dollar, and Omani riyal are continuing to attract attention from businesses and overseas Pakistanis.

The US dollar is remaining firm, with the buying rate standing at Rs 280.75 and the selling rate at Rs 283.00. The dollar is continuing to influence import costs, education expenses, and international payments across the country.

The Saudi riyal is trading steadily at Rs 74.75 for buying and Rs 75.50 for selling. Pakistani workers in Saudi Arabia are closely following the rate, as remittances from the Kingdom are supporting millions of households in Pakistan.

Similarly, the UAE dirham is holding its importance in the open market, with buying at Rs 76.40 and selling at Rs 77.35. Families dependent on income from the UAE are monitoring the dirham’s movement due to its direct impact on monthly household budgets.

The British pound is continuing to trade at higher levels, as the buying rate is standing at Rs 376.75, while the selling rate is reaching Rs 380.75. Pakistani students and professionals connected to the UK are actively watching the pound due to education and living expenses.

The Canadian dollar is showing stable movement, trading at Rs 203.00 on the buying side and Rs 207.00 on the selling side. Overseas Pakistanis in Canada are continuing regular remittances, keeping demand balanced.

Meanwhile, the Omani riyal is remaining strong in Pakistan’s open market, with buying at Rs 726.75 and selling at Rs 736.75, offering higher value for Pakistani workers based in Oman.

Overall, foreign currency rates are reflecting steady demand and consistent overseas inflows, as Pakistan’s open market continues to respond to remittance needs and international financial activity.

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