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Home Forex

Open Market Currency Update: Dollar, Riyal, Pound Remain in Focus

Awais Afzal (Business Staff Reporter) by Awais Afzal (Business Staff Reporter)
January 4, 2026
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Foreign currencies are continuing to trade steadily in Pakistan’s open market as demand linked to trade, travel, and overseas remittances is remaining active. On Thursday, the US dollar is being bought at Rs 280.75 and sold at Rs 283.00, keeping it at the center of market attention.
The Saudi riyal is continuing to exchange at Rs 74.75 for buying and Rs 75.50 for selling, reflecting its importance for Pakistani workers employed in Saudi Arabia. Meanwhile, the UAE dirham is being bought at Rs 76.40 and sold at Rs 77.35, supported by strong remittance inflows from the UAE.
In the Gulf region, the Omani riyal is continuing to trade at higher levels, with buying recorded at Rs 726.75 and selling at Rs 736.75, benefiting families receiving funds from Oman.
Among Western currencies, the UK pound sterling is being bought at Rs 376.75 and sold at Rs 380.75, while the Canadian dollar is trading at Rs 203.00 for buying and Rs 207.00 for selling.
These open market rates are showing how overseas Pakistani workers are continuing to support the national economy through consistent remittances.

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