Major foreign currencies are trading steadily in Pakistan’s open market today, as the US dollar, Saudi riyal, Omani riyal, Canadian dollar, UK pound sterling and UAE dirham are continuing to show balanced movement against the Pakistani rupee.
The US dollar is trading at Rs 280.80 for buying and Rs 282.75 for selling, while importers and students are closely following its trend due to its strong impact on trade and education payments.
The Saudi riyal is standing at Rs 74.85 buying and Rs 75.50 selling, as millions of Pakistani workers in Saudi Arabia are continuing to send regular remittances that are supporting families across Pakistan.
Meanwhile, the Omani riyal is remaining strong, trading at Rs 728.50 buying and Rs 738.50 selling, reflecting its high value among Gulf currencies and steady demand for overseas earnings.
The Canadian dollar is trading at Rs 201.00 buying and Rs 205.00 selling, as Pakistani students and professionals in Canada are contributing stable remittance inflows.
The UK pound sterling is moving around Rs 377.00 buying and Rs 381.00 selling, while overseas Pakistanis in the UK are continuing to support households through financial transfers.
At the same time, the UAE dirham is trading at Rs 76.45 buying and Rs 77.35 selling, remaining one of the most important currencies for Pakistan due to strong labor and trade ties with the UAE.
Economic observers are saying that the steady trend is helping businesses, travelers and families plan their finances with more confidence. The stable exchange movement is also encouraging overseas Pakistanis who are regularly sending money home.
Overall, the foreign exchange market is showing controlled and calm trading activity in Pakistan today.
