Karachi: The Canadian dollar is continuing to move steadily in Pakistan’s open market today as students and overseas Pakistanis are keeping demand active. The Canadian dollar is currently being bought at Rs. 201 and sold at Rs. 205.
Thousands of Pakistani students and professionals living in Canada are regularly sending funds to their families, which is strengthening Pakistan’s foreign inflows. These remittances are helping cover education, housing and medical expenses.
The Canadian dollar is also being closely watched by immigration applicants and traders. Analysts are observing that the currency is maintaining a balanced position in the market with moderate fluctuations.
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