Forex

Open Market Currency Rates Stay Steady as Remittances Continue Supporting Pakistan

Exchange Rates

Pakistan’s open market is witnessing steady activity in major foreign currencies today, with overseas remittances and international trade continuing to influence exchange trends.
The US Dollar is being bought at Rs 280.65 and sold at Rs 282.75, as businesses, students, and online service users are closely tracking its movement.
The Saudi Riyal is trading at Rs 74.90 buying and Rs 75.30 selling, while Pakistani workers in Saudi Arabia are continuing to send strong remittance flows to their families.
The UAE Dirham is available at Rs 76.60 for buying and Rs 77.20 for selling, remaining one of the most exchanged currencies in Pakistan due to deep labor and business ties.
The Omani Riyal is standing at Rs 728.60 and Rs 738.60, keeping its position among the strongest Middle Eastern currencies.
The Canadian Dollar is recorded at Rs 201 buying and Rs 206 selling, supported by education-related transfers and immigration-linked payments.
Meanwhile, the UK Pound Sterling is trading at Rs 375.50 buying and Rs 379.00 selling, as families in Pakistan continue to benefit from UK-based workers.
Economic analysts are saying that overseas Pakistanis are acting as a financial backbone for the country, especially during periods of economic pressure. Remittances are not only covering household expenses but are also helping in small business growth and savings.
Students preparing to study abroad, travelers planning foreign trips, and companies involved in imports and exports are keeping daily watch on currency movements.
Despite global uncertainties, Pakistan’s open market is showing controlled movement today, reflecting balanced supply and demand.

Business Desk

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