Pakistan’s open currency market is showing a calm and stable trend today as key foreign currencies are continuing to trade within a narrow range. The steady flow of remittances from overseas Pakistanis is playing a central role in keeping the rupee supported.
The US Dollar (USD) is currently moving at Rs. 281 buying and Rs. 283.1 selling, and it is remaining under control as inflows from Pakistani workers, students, and professionals abroad are continuing regularly.
In the Gulf region, the Saudi Riyal (SAR) is trading around Rs. 74.85 buying and Rs. 75.35 selling. With millions of Pakistanis working in Saudi Arabia, the consistent monthly transfers are keeping the riyal’s movement smooth.
The UAE Dirham (AED) is staying firm at Rs. 76.35 buying and Rs. 77.35 selling. Families across Pakistan are continuing to rely on remittances from Dubai, Abu Dhabi, and Sharjah, which is helping maintain market balance.
Meanwhile, the Omani Riyal (OMR) is trading at Rs. 728.1 buying and Rs. 738.1 selling. The currency is holding strong value as Pakistani workers in Oman are sending stable support back home.
From North America, the Canadian Dollar (CAD) is moving at Rs. 202 buying and Rs. 204.85 selling, supported by remittances from Pakistani immigrants and students.
The British Pound (GBP) is also remaining strong, trading at Rs. 376 buying and Rs. 379.5 selling, as the UK continues to be one of Pakistan’s key remittance corridors.
Overall, Pakistan’s open market is continuing to benefit from steady foreign inflows, keeping exchange rates largely stable during the current trading session.
