Pakistan’s foreign exchange market is currently maintaining a balanced trend as major global currencies are trading within a stable range.
The US Dollar (USD) is being traded at Rs. 279.25 (buying) and Rs. 280.30 (selling), showing limited volatility.
The dollar is continuing to influence Pakistan’s economy significantly, as it is directly linked with import payments and foreign debt servicing. A stable dollar rate is helping in avoiding sudden economic shocks, but its high level is still keeping pressure on the rupee.
The UK Pound (GBP) is trading at Rs. 370.31 (buying) and Rs. 374.25 (selling), reflecting strong international demand. This is benefiting Pakistan’s export sector, especially garments and textiles, by increasing foreign earnings.
The Canadian Dollar (CAD) is standing at Rs. 200.46 (buying) and Rs. 206.50 (selling), showing steady performance. It is influencing both trade and remittances, particularly from Pakistani workers in Canada.
Among Gulf currencies, the Saudi Riyal (SAR) is at Rs. 73.70 (buying) and Rs. 74.65 (selling), while the UAE Dirham (AED) is trading at Rs. 75.45 (buying) and Rs. 76.65 (selling). These currencies are playing a vital role in supporting Pakistan’s external account through remittances.
The Omani Riyal (OMR) remains high in value at Rs. 715.10 (buying) and Rs. 725.10 (selling), making it one of the most impactful currencies in terms of remittance value.
The forex market is currently reflecting a balanced economic condition, where pressures and supports are working simultaneously.
The USD is continuing to drive inflation and import costs, making it a key risk factor. However, the consistent inflow of remittances in SAR, AED, and OMR is helping offset these pressures.
GBP is strengthening export competitiveness, while CAD is contributing to both trade and financial inflows.
Pakistan’s economy is currently navigating through a phase where external vulnerabilities are being managed through steady inflows and controlled exchange rate movement. This balance is crucial for maintaining economic stability in the short term.
