Karachi: The Canadian dollar is showing steady movement in Pakistan’s open market today. The buying rate is Rs. 201.61, while the selling rate is Rs. 205.11.
Thousands of Pakistani students and skilled workers in Canada are regularly sending money to Pakistan, helping parents and families manage educational and household expenses. The stable CAD rate is making financial planning easier for them.
Trade analysts are also observing growing business links between Pakistan and Canada in textiles, agriculture, and IT services. The Canadian dollar is therefore remaining an important currency for both remittance and trade flows.
Market experts believe that CAD is continuing to reflect global commodity trends, while Pakistanis are benefiting from its stable performance in the open market.
