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PKR Fluctuations Continue as US Dollar, Pound, Omani Riyal, Dirham, Riyal and Canadian Dollar Move in Open Market

Mohsin Ali (Business Staff Reporter) by Mohsin Ali (Business Staff Reporter)
March 10, 2026
in Forex
Reading Time: 3 mins read
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Karachi – The Pakistani rupee is continuing to show movement against major international currencies in the open market as the country’s economic environment is shaping currency demand and trade activity.


The US Dollar is currently trading at Rs. 279.00 for buying and Rs. 280.30 for selling in the open market. The dollar is remaining one of the most influential currencies for Pakistan because the country is heavily relying on it for international trade, energy imports, and external debt payments.

As the rupee is fluctuating against the dollar, businesses are continuously adjusting import prices while exporters are monitoring exchange changes to maintain their profit margins.
The movement in the dollar is also affecting inflation trends.

Since Pakistan imports fuel, machinery, and several industrial raw materials in dollars, any upward pressure on the currency is gradually increasing the cost of production across multiple sectors.


At the same time, the UK Pound Sterling is trading at Rs. 375.59 for buying and Rs. 379.25 for selling. The pound is remaining significant because of the strong trade and remittance relationship between Pakistan and the United Kingdom.

Thousands of Pakistani expatriates living in Britain are regularly sending remittances back home, which are playing an important role in supporting the country’s foreign exchange reserves.


Currency movements involving the pound are also influencing bilateral trade. Pakistani exporters in textile, leather, and surgical goods sectors are closely watching the pound’s value, as it directly affects export competitiveness in British markets.

Meanwhile, Gulf currencies are also showing notable activity due to Pakistan’s economic ties with Middle Eastern countries. The Omani Riyal is currently being traded at Rs. 716.10 for buying and Rs. 726.60 for selling.

Oman has become an important destination for Pakistani workers and businesses, and the steady movement in the Omani currency is supporting remittance inflows that are strengthening household incomes across Pakistan.


Similarly, the UAE Dirham is trading at Rs. 75.75 for buying and Rs. 77.00 for selling. The UAE is one of Pakistan’s largest trading partners and also hosts millions of Pakistani expatriates. As the dirham is maintaining a relatively stable pattern, remittance inflows from the Gulf region are continuing to support the country’s external financial position.


The Saudi Riyal is also showing activity at Rs. 73.85 for buying and Rs. 74.85 for selling. Saudi Arabia is playing a vital role in Pakistan’s economy through labor exports, energy cooperation, and financial assistance. Currency stability between the rupee and riyal is helping maintain smoother remittance flows that are providing financial stability for many Pakistani households.


Meanwhile, the Canadian Dollar is trading at Rs. 202.24 for buying and Rs. 206.25 for selling. Canada is becoming an increasingly important economic partner for Pakistan as trade relations expand and the Pakistani diaspora in Canada continues to grow. Remittances from Canada are supporting Pakistan’s foreign exchange reserves while bilateral trade in agriculture and technology sectors is gradually increasing.


Overall, the movement in these major currencies is reflecting Pakistan’s broader economic conditions. Import costs, export revenues, and remittance inflows are all being influenced by exchange rate trends, making currency stability a crucial factor for economic planning.


As Pakistan’s economy is continuing to rely on international trade and overseas remittances, the performance of these currencies against the rupee is remaining an important indicator of economic direction in the coming months.

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Mohsin Ali (Business Staff Reporter)

Mohsin Ali (Business Staff Reporter)

Mohsin Ali is a Business Desk Reporter covering Pakistan’s economy, business, financial markets, banking, trade and investment.

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