Forex

Pakistani Open Market Currency Rates Stay Balanced as Remittances Continue Supporting Economy

Exchange Rates

Open market currency rates in Pakistan are continuing to show steady performance today as overseas remittances remain a key driver of financial stability. The US Dollar, Saudi Riyal, Omani Riyal, Canadian Dollar, British Pound, and UAE Dirham are all attracting strong attention from households, traders, and travelers.
The US Dollar is currently moving at Rs 280.85 for buying and Rs 282.80 for selling. Businesses are managing imports carefully while Pakistani families are relying on remittances from relatives working in America. These earnings are supporting education expenses, household needs, and small investments.
The Saudi Riyal is standing firm at Rs 74.85 buying and Rs 75.50 selling. Millions of Pakistani workers in Saudi Arabia are continuing to provide strong financial backing to families back home. Their remittances are helping stabilize rural and urban households alike.
The Omani Riyal is trading at Rs 728.50 for buying and Rs 738.50 for selling, reflecting Oman’s strong economic position. Pakistani workers in Oman are supporting family savings and long-term planning, making this currency especially valuable in Pakistan’s open market.
The Canadian Dollar is showing balanced activity at Rs 201.10 buying and Rs 205.10 selling. Pakistani students and professionals in Canada are sending funds that are helping families manage daily expenses and future goals.
The UK Pound Sterling is currently standing at Rs 377.15 for buying and Rs 381.15 for selling. Remittances from the United Kingdom are playing a major role in supporting Pakistan’s middle-class families. Many households are depending on these earnings for education, healthcare, and home improvements.
The UAE Dirham is trading at Rs 76.47 buying and Rs 77.37 selling, remaining one of the most actively used currencies in Pakistan. Pakistani workers in the UAE are continuing to contribute significantly to the national economy through regular remittance transfers.
Financial observers are pointing out that overseas Pakistanis are acting as economic pillars for the country. Their earnings are helping stabilize domestic consumption and strengthen foreign exchange circulation.
Families are closely watching daily currency updates while planning monthly budgets. Students, travelers, and business communities are also monitoring fluctuations to manage expenses more effectively.
The overall open market trend is reflecting controlled movement, supported by steady international demand and consistent remittance inflows. While minor changes are expected in coming days, the current situation is showing stability and balance.
Pakistan’s currency market is therefore continuing to reflect the strong bond between overseas workers and local households, proving that remittances remain one of the most reliable sources of economic support for the country.

Business Desk

About Author

Leave a comment

Your email address will not be published. Required fields are marked *