Karachi: Foreign currency rates are continuing to show mixed movement against the Pakistani rupee in the open market today, as demand from trade, travel, education, and overseas remittances is remaining active.
The US dollar is currently being bought at Rs 280.75 and sold at Rs 282.75, as import payments and international transactions are keeping demand steady. Pakistani families are closely monitoring the dollar rate because it is directly affecting fuel prices, medicines, electronics, and food imports.
The Saudi riyal is being bought at Rs 74.85 and sold at Rs 75.50. Millions of Pakistani workers in Saudi Arabia are continuously sending remittances back home, supporting household expenses and small businesses across Pakistan.
The UAE dirham is trading at Rs 76.50 buying and Rs 77.35 selling, reflecting strong travel, employment, and business links between Pakistan and the UAE. Pakistani workers in Dubai, Abu Dhabi, and Sharjah are remaining a backbone of Pakistan’s remittance inflow.
Meanwhile, the UK pound sterling is being bought at Rs 377 and sold at Rs 380, as Pakistani students and professionals in the UK are regularly transferring funds to support families.
The Canadian dollar is trading at Rs 201 buying and Rs 205 selling, driven by strong education and immigration demand, while the Omani riyal is standing at Rs 728.60 buying and Rs 738.60 selling, maintaining its status as one of the highest-valued Gulf currencies.
Currency watchers in Pakistan are observing that overseas remittances are continuing to play a stabilizing role in the economy, even as global market uncertainty remains.
Open Market Currency Update: Dollar, Riyal, Pound and Dirham Continue Showing Mixed Trend in Pakistan
Leave a Reply
Must Read
Related News
The Pakistan Observer is your trusted source of unbiased updates on national news, business, and forex rates.