Open Market Update: USD, SAR, OMR, CAD, GBP and AED Rates Are Remaining Balanced in Pakistan

Pakistan’s open currency market is continuing to remain stable today, driven largely by uninterrupted remittance inflows from overseas Pakistani workers. These regular transfers are helping maintain confidence in the rupee while meeting household and business needs.

The US dollar is currently trading at Rs. 281 (buying) and Rs. 283.25 (selling). Ongoing remittances from Pakistani communities in the US are keeping the dollar rate from seeing sudden jumps.

The Saudi Riyal, a key currency due to Pakistan’s large workforce in the Kingdom, is trading at Rs. 74.85 (buying) and Rs. 75.45 (selling). Daily transfers from laborers and professionals are continuing to support the market.

In the UAE corridor, the Dirham is standing at Rs. 76.5 (buying) and Rs. 77.25 (selling). Strong remittance activity from Gulf cities is helping sustain smooth currency movement.

The Omani Riyal is being exchanged at Rs. 728.25 (buying) and Rs. 738.25 (selling). Pakistani workers based in Oman are consistently sending money home, supporting family spending and savings.

The Canadian dollar is trading at Rs. 202 (buying) and Rs. 204.5 (selling), backed by steady inflows from students and skilled professionals settled in Canada.

Meanwhile, the UK pound sterling is moving at Rs. 375.25 (buying) and Rs. 378.5 (selling). The United Kingdom continues to remain one of Pakistan’s strongest remittance sources.

Overall, Pakistan’s open market is staying balanced as foreign currency inflows are cushioning the rupee against international volatility.