Pakistan’s open market recorded a steady trend in major global currencies as remittances from overseas Pakistanis continued to support the rupee. Families across the country remained dependent on regular inflows, which earlier helped keep exchange rate pressure under control, despite uncertainty in global economic conditions.
USD to PKR
The US Dollar earlier stood at Rs 281.05 (buying) and Rs 283.30 (selling). Remittances from Pakistani workers, students, and professionals in the US played a consistent role in reducing volatility.
SAR to PKR
The Saudi Riyal traded at Rs 74.80 (buying) and Rs 75.40 (selling). With millions of Pakistanis employed in Saudi Arabia, their remittances remained a stable financial lifeline.
AED to PKR
The UAE Dirham earlier moved at Rs 76.40 (buying) and Rs 77.05 (selling), supported by continuous inflows from Dubai, Sharjah, and Abu Dhabi.
OMR to PKR
The Omani Riyal, known for its high value, stood at Rs 728 (buying) and Rs 738 (selling). Workers in Oman, particularly in technical and skilled roles, contributed to steady transfers back home.
CAD to PKR
The Canadian Dollar earlier remained at Rs 201.50 (buying) and Rs 204.00 (selling). Pakistani families received regular support from expatriates living in major Canadian cities.
GBP to PKR
The British Pound traded at Rs 375 (buying) and Rs 378 (selling). The UK continued to be one of the largest remittance contributors for Pakistan.
Conclusion
Overall, Pakistan’s open market earlier benefited from consistent overseas remittances, which helped maintain currency stability and provided much-needed financial support to domestic households.
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