Karachi: The Canadian Dollar is being recorded at Rs. 203.00 for buying and Rs. 208.00 for selling in Pakistan’s open market today. The loonie is continuing to reflect a strong value in comparison with the rupee in the local exchange market.
Canada is one of the top destinations for Pakistani students and overseas workers, and the Canadian Dollar’s rate is directly influencing the cost of education, travel, and remittances. The rupee is continuing to remain weaker against the CAD, which is increasing expenses for those connected to Canada.
However, this high rate is also supporting inflows of remittances into Pakistan’s economy.
