Karachi: In Pakistan’s open market, the Canadian Dollar (CAD) is being bought at Rs 199.55 and sold at Rs 204.55.
A growing number of Pakistani professionals, students, and workers in Canada are sending money back home, and this rate means their remittances are converting at a relatively strong PKR value.
The favorable CAD-to-PKR exchange rate is providing relief to families depending on those remittances for day-to-day expenses, education, and investment.
At the same time, importers sourcing goods or services from Canada need to carefully factor in this rate for cost planning and international payments.
