Pakistan’s open market foreign exchange rates experienced controlled movement as leading international currencies showed marginal changes. The trend highlighted the importance of overseas remittances and cautious economic sentiment within the country.
The US Dollar was traded at Rs 281 buying and Rs 283.10 selling, maintaining relative stability amid global market developments. The currency’s movement directly affected Pakistan’s import bill, fuel prices, and inflation outlook. Pakistani workers in the US continued to support families through regular remittance transfers.
The Saudi Riyal stood at Rs 74.85 for buying and Rs 75.35 for selling, reflecting steady demand. Saudi Arabia remained the largest destination for Pakistani workers, whose remittances supported household incomes and small businesses across Pakistan.
The UAE Dirham was exchanged at Rs 76.35 buying and Rs 77.35 selling. The flow of funds from Pakistani professionals, drivers, and service workers in the UAE remained consistent, supporting the rupee’s stability.
The Omani Riyal traded at Rs 728.10 and Rs 738.10, retaining its high value. Pakistanis working in Oman’s industrial and service sectors continued contributing valuable foreign exchange.
The UK Pound Sterling was quoted at Rs 376 buying and Rs 379.50 selling, as remittances from the UK stayed resilient despite economic challenges abroad.
The Canadian Dollar hovered at Rs 202 and Rs 204.85, supported by strong Pakistani diaspora activity in Canada.
Market observers noted that stable remittances helped balance trade pressures and supported economic continuity.
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