Forex

USD, SAR, OMR, CAD, GBP and AED: Pakistan’s Open Market Recorded Stable Rates Amid Strong Remittances

Exchange Rates

Pakistan’s open market recorded a steady trend as remittances from overseas communities continued to support the local currency. The stable inflow helped the rupee hold its ground against major global currencies.

The US Dollar (USD) finished at Rs 281.20 (buying) and Rs 283.30 (selling), reflecting a calm trading pattern due to consistent inflows from Pakistani workers living in the United States.

The Saudi Riyal (SAR) closed at Rs 74.80 (buying) and Rs 75.40 (selling). Millions of Pakistanis in Saudi Arabia continued to send regular monthly support to their families, keeping SAR demand predictable.

The UAE Dirham (AED) ended the day at Rs 76.50 (buying) and Rs 77.15 (selling). Remittances from the UAE remained one of the strongest contributors to Pakistan’s foreign exchange supply.

The Omani Riyal (OMR) settled at Rs 728 (buying) and Rs 738 (selling). Pakistanis employed in Oman continued to send stable remittances, helping families manage daily expenses.

The Canadian Dollar (CAD) stood at Rs 201 (buying) and Rs 204 (selling). Pakistani migrants in Canada once again contributed to the day’s steady market conditions.

The British Pound (GBP) traded at Rs 374 (buying) and Rs 378 (selling), maintaining its position as one of Pakistan’s major remittance-linked currencies.

In the end, Pakistan’s open market remained steady as the ongoing support from overseas Pakistanis helped maintain balance across all major currencies.

Business Desk

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