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Home Forex

Pakistan Open Market Currency Rates Show Mixed Trend as Rupee Holds Ground

Awais Afzal (Business Staff Reporter) by Awais Afzal (Business Staff Reporter)
January 16, 2026
in Forex
Reading Time: 2 mins read
0

Pakistan’s open market currency rates are showing a mixed but largely stable trend today, as the Pakistani rupee is continuing to defend its position against major global currencies. The US dollar, Saudi riyal, UAE dirham, UK pound, Canadian dollar, and Omani riyal are all remaining within predictable ranges, offering some relief to importers, travelers, and overseas Pakistani families.
The US dollar is currently being bought at Rs. 280.65 and sold at Rs. 282.75 in the open market. The greenback is continuing to influence Pakistan’s economy through fuel imports, industrial raw materials, and foreign trade payments. Despite global uncertainties, the dollar is not showing sharp volatility, which is encouraging businesses to plan their short-term transactions with more confidence.
The Saudi riyal, which is deeply connected with Pakistan’s remittance inflows, is being bought at Rs. 74.90 and sold at Rs. 75.30. Millions of Pakistani workers in Saudi Arabia are regularly sending money home, supporting household budgets, education expenses, and small investments across Pakistan. The stable riyal rate is giving families emotional and financial comfort.
Meanwhile, the UAE dirham is trading at Rs. 76.60 for buying and Rs. 77.20 for selling. The dirham remains one of the most closely followed currencies in Pakistan because of the massive Pakistani workforce in the UAE. The steady rate is allowing overseas workers to plan remittances without fear of sudden losses.
The UK pound sterling is maintaining its strong position, with buying at Rs. 375.50 and selling at Rs. 379.00. Pakistani families receiving income from the United Kingdom are continuing to benefit from the pound’s higher value, which is supporting education, healthcare, and property-related expenses.
The Canadian dollar is also remaining balanced, trading at Rs. 201.00 buying and Rs. 206.00 selling. Students and professionals living in Canada are contributing significantly to Pakistan’s foreign inflows, and today’s rate is helping families manage long-term financial planning.
The Omani riyal, one of the strongest Gulf currencies, is being bought at Rs. 728.60 and sold at Rs. 738.60. Pakistani workers in Oman are enjoying strong rupee returns, which is strengthening household stability in Pakistan.
Economic analysts are observing that Pakistan’s currency market is currently reflecting cautious optimism. The rupee is not gaining aggressively, but it is also not losing sharply, which is helping the market maintain psychological balance.
For ordinary Pakistanis, today’s currency trend is offering a sense of stability. Import prices are not rising sharply, remittance values are holding firm, and international travel costs are remaining predictable.
As global economic indicators continue to evolve, Pakistan’s open market rates are expected to remain sensitive to international interest rates, oil prices, and geopolitical developments. For now, the rupee is showing resilience, and the market is moving forward with cautious confidence.

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Awais Afzal (Business Staff Reporter)

Awais Afzal (Business Staff Reporter)

Awais Afzal is a Business Desk Reporter at The Pakistan Today, covering business, markets, economy and financial developments. He focuses on clear, accurate and reader-friendly reporting, with a strong emphasis on verified facts and timely updates. His work aims to explain complex economic and business issues in simple language for a broad audience.

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