Forex

Dollar, Riyal, Dirham, Pound, Omani and Canadian Currencies Trading Steady as Remittances Support Rupee in Pakistan

Exchange Rates

Major foreign currencies linked with overseas Pakistanis are trading steadily in today’s open market, as the rupee is showing a balanced trend amid continuous remittance inflows from the Middle East, the United Kingdom, and North America.
The US Dollar is being bought at Rs. 280.70 and sold at Rs. 282.35, remaining the most active currency for imports, online payments, and international business transactions. At the same time, freelancers and IT professionals are continuing to earn in dollars and are sending valuable foreign exchange back home, strengthening family incomes.
Gulf currencies are also moving smoothly. The Saudi Riyal is trading at Rs. 74.85 for buying and Rs. 75.35 for selling, while the UAE Dirham is being exchanged at Rs. 76.50 buying and Rs. 77.30 selling. With millions of Pakistanis working in Saudi Arabia and the UAE, these currencies are directly supporting households across the country. Regular remittances are helping families manage rising grocery prices, school fees, and utility bills.
Meanwhile, the Omani Riyal is standing strong at Rs. 728.20 for buying and Rs. 737.72 for selling, making it one of the highest-value foreign currencies in the market. Workers in Oman are continuing to send funds that convert into larger rupee amounts, allowing families to save more and invest in property or education.
In Western markets, the British Pound Sterling is being bought at Rs. 387.33 and sold at Rs. 391.83, maintaining its position as one of the strongest currencies. Families receiving money from the UK are benefiting from higher returns, especially students and dependents relying on foreign support.
At the same time, the Canadian Dollar is trading at Rs. 206.05 buying and Rs. 209.61 selling, as Pakistani students and professionals in Canada are regularly transferring funds for household and educational expenses.
Overall, the open market is reflecting stability, and overseas Pakistanis are continuing to act as a financial backbone for the economy through consistent remittance flows.

Business Desk

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