Currency trading is remaining active across Pakistan’s open market as the rupee is continuing to face pressure from major international currencies. Dealers are witnessing steady customer flow while exchange companies are updating rates in response to global movements and local demand.
The US dollar is currently leading transactions and is trading at Rs280.60 for buying and Rs282.30 for selling. Importers are purchasing dollars for payments, which is keeping the greenback strong. Traders are saying the rupee is adjusting gradually as supply is matching demand.
The British Pound is also strengthening and is exchanging at Rs384.67 and Rs388.18. Exchange dealers are reporting that the pound is attracting buyers due to education fees and overseas remittances, while global market confidence is supporting its higher value.
Among Middle Eastern currencies, the Saudi Riyal and UAE Dirham are trading steadily. The riyal is standing at Rs74.90 to Rs75.30, while the dirham is moving between Rs76.55 and Rs77.20. Experts are explaining that millions of Pakistani workers in Gulf countries are continuing to send money home, which is keeping these currencies highly traded.
The Omani Riyal is remaining one of the most expensive foreign currencies in the market and is trading between Rs728.55 and Rs738.18. Dealers are noting consistent business demand, particularly for commercial settlements.
Similarly, the Canadian Dollar is trading at Rs203.50 for buying and Rs207.01 for selling. Students and families are frequently purchasing Canadian currency for tuition and living expenses abroad.
Market observers are saying the overall environment is remaining stable, and the rupee is continuing to show resilience despite international pressure.
Today Forex Market Update: USD, GBP, SAR, AED, OMR and CAD Rates Climbing Against Pakistani Rupee
