Forex

Foreign Currency Rates in Pakistan Are Trading Stable as Remittance Flows Stay Strong

Exchange Rates

Open market currency trading in Pakistan is remaining calm today as major foreign currencies are posting limited movement. The US Dollar is trading near Rs 281 buying and Rs 283 selling, reflecting steady import needs and foreign payments.
The Saudi Riyal is holding firm at Rs 74.85 buying and Rs 75.50 selling, as Pakistani workers in Saudi Arabia are continuing to send consistent remittances. These transfers are playing a crucial role in sustaining household spending and savings.
At the same time, the UAE Dirham is trading at Rs 76.65 buying and Rs 77.50 selling, benefiting families receiving funds from relatives working across the UAE. These remittances are helping manage education and living expenses.
The UK Pound is trading at Rs 378.75 buying and Rs 382.75 selling, with demand being driven by students, travelers, and long-term residents in the UK. The Pound’s performance is influencing overseas financial planning.
Meanwhile, the Canadian Dollar is trading around Rs 203.50 buying and Rs 208 selling, reflecting strong migration ties between Pakistan and Canada. The steady inflow of funds is supporting household investments.
The Omani Riyal is remaining strong at Rs 728.65 buying and Rs 738.65 selling, supported by Pakistani professionals working in Oman.

Overall, Pakistan’s open market is staying balanced, with remittances continuing to support economic stability.

Business Desk

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