Pakistan’s forex open market is continuing to show dynamic movements as the US Dollar is trading at Rs. 280.35 buying and Rs. 282.15 selling. The Pakistani Rupee is remaining under pressure due to growing import bills, especially for oil, machinery, and food commodities. Businesses are adjusting prices as costs for essential goods are increasing due to the high dollar rates.
At the same time, the British Pound is holding at Rs. 377.90 buying and Rs. 382.16 selling, remaining one of the strongest currencies against the PKR. The Pound is continuing to influence education payments, overseas investments, and remittances from UK-based Pakistani families. Overseas remittances in Pounds are providing stability to household incomes and contributing to local spending power.
The Omani Riyal is trading at Rs. 726.85 buying and Rs. 736.35 selling. Pakistanis working in Oman are continuing to send funds home, which is strengthening foreign currency reserves. Families are converting OMR remittances into PKR to support daily expenses and small business operations.
Meanwhile, the UAE Dirham is standing at Rs. 76.35 buying and Rs. 77.35 selling, and the Saudi Riyal is trading at Rs. 74.88 buying and Rs. 75.65 selling. These Gulf currencies are remaining vital for Pakistan’s remittance economy. The flow of Dirhams and Riyals from workers abroad is maintaining steady liquidity in local markets and supporting trade activities.
The Canadian Dollar is holding at Rs. 203.68 buying and Rs. 207.00 selling. Canada-Pakistan trade, education payments, and remittance inflows in CAD are continuing to support the rupee’s external value. Businesses involved in agriculture exports and technical services are calculating costs and profits based on the current CAD rate.
Collectively, the movement of these six currencies is continuing to influence Pakistan’s inflation, trade deficit, and foreign reserves. Policymakers are monitoring these exchange rates to manage import costs and stabilize the economy. Domestic industries, especially textiles, food processing, and energy, are adjusting operations based on the current forex rates.
Economic experts note that remittances from Gulf countries and the UK are playing a critical role in offsetting import costs and supporting consumer demand. Retail markets, housing, and service sectors are all responding to currency-driven price changes, while government revenue from trade taxes is continuing to fluctuate with currency variations.
Foreign exchange inflows from OMR, AED, and SAR are sustaining the balance of payments. At the same time, USD and GBP movements are directly impacting major imports and overseas payments. With USD staying above Rs. 280, local manufacturers are facing higher operational costs, while exporters are benefiting slightly from improved PKR conversion rates for overseas contracts.
This combination of currency movements is keeping the Pakistani economy in a delicate balance. The forex market is continuing to define trade competitiveness, inflation trends, and household financial stability. Businesses, households, and government agencies are closely following these rates as they influence day-to-day economic activity.
