The foreign exchange market in Pakistan is showing relative stability, but the Pakistani Rupee is still facing ongoing pressure as key international currencies are maintaining their strength.
The US Dollar is trading at Rs. 279.25 (buying) and Rs. 280.30 (selling), indicating that import costs are remaining high for essential goods and industrial inputs.
The British Pound is also holding strong at Rs. 370.36 (buying) and Rs. 374.25 (selling), which is continuing to affect sectors linked to the UK, including education and services.
Businesses are managing higher costs as the rupee is adjusting to global currency trends.
Gulf currencies are continuing to play a stabilizing role in Pakistan’s economy. The Saudi Riyal, at Rs. 73.80 (buying) and Rs. 74.75 (selling), and the UAE Dirham, at Rs. 75.55 (buying) and Rs. 76.90 (selling), are supporting strong remittance inflows.
These inflows are helping maintain liquidity in the market and providing relief to households.
The Omani Riyal is trading at Rs. 716.00 (buying) and Rs. 726.10 (selling), reflecting its high value and importance in Pakistan’s foreign exchange reserves.
While remittances are increasing, import costs linked to Gulf countries are also rising.
Similarly, the Canadian Dollar is trading at Rs. 200.01 (buying) and Rs. 205.15 (selling), showing steady performance.
This is influencing trade costs while also boosting the value of remittances from Pakistani expatriates in Canada.
The overall trend is indicating that Pakistan’s economy is balancing between external pressures and supportive inflows. While the rupee is facing challenges, remittances are continuing to provide a cushion against economic shocks.
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