Karachi: The US dollar is trading steadily in Pakistan’s open market today, as businesses and overseas workers are continuing to rely on the greenback for daily transactions and remittances.
According to the latest open market rates, the US Dollar is being bought at Rs. 280.75 and sold at Rs. 282.45. The currency is showing stable movement against the Pakistani rupee, reflecting balanced demand across the country.
Importers are continuing to use the dollar for payments related to fuel, machinery, and essential goods, while exporters and freelancers are bringing valuable foreign exchange into Pakistan. At the same time, thousands of Pakistani IT professionals working with American clients are receiving payments in dollars, which are directly supporting household incomes.
Families of overseas Pakistanis are also benefiting, as remittances are helping them manage rising living costs, education expenses, and healthcare needs.
Market observers are saying the steady dollar rate is creating temporary confidence in the forex market, while the rupee is maintaining a controlled position during the trading session.
