Today, Pakistan’s open market witnessed steady currency trends as inflows of remittances from overseas Pakistani workers continued supporting the local rupee. Families across the country received regular funds, which helped stabilize the market despite global currency fluctuations.
US Dollar to PKR:
The US Dollar was trading at Rs 281.2 for buying and Rs 283.3 for selling. Remittances from Pakistani workers in the United States maintained a consistent market outlook, preventing sudden swings.
Saudi Riyal to PKR:
The Saudi Riyal traded at Rs 74.8 for buying and Rs 75.4 for selling. With millions of Pakistanis employed in Saudi Arabia, the inflows from workers contributed to keeping the market active and steady.
UAE Dirham to PKR:
The UAE Dirham was recorded at Rs 76.5 for buying and Rs 77.15 for selling. Funds sent by Pakistani expats from Dubai, Abu Dhabi, and Sharjah strengthened the liquidity in the market.
Omani Riyal to PKR:
The Omani Riyal, one of the higher-value Gulf currencies, traded at Rs 728 for buying and Rs 738 for selling. Money sent by Pakistani workers in Oman helped support middle-income families across Pakistan.
Canadian Dollar to PKR:
The Canadian Dollar stood at Rs 201 for buying and Rs 204 for selling. Contributions from students and skilled professionals residing in Canada maintained the currency’s steady trend.
British Pound to PKR:
The British Pound was trading at Rs 374 for buying and Rs 378 for selling. Remittances from the UK continued to serve as a strong support for the open market.
Overall, today’s currency market in Pakistan remained stable, largely driven by remittances from the Pakistani diaspora, which helped the rupee maintain its position against major foreign currencies.
