Pakistan’s foreign exchange market is continuing to reflect global trade conditions as major international currencies are trading steadily against the Pakistani Rupee.
The US Dollar is remaining the most influential currency in Pakistan’s economy. The Dollar is trading around Rs. 279.00 for buying and Rs. 280.35 for selling.
The British Pound is also maintaining strong value due to trade and remittance connections with the United Kingdom. The Pound is trading near Rs. 371.65 for buying and Rs. 375.25 for selling.
The Saudi Riyal is continuing to maintain stability because remittances from Pakistani workers in Saudi Arabia are supporting household incomes. The Riyal is trading around Rs. 73.75 for buying and Rs. 74.70 for selling.
The UAE Dirham is also continuing to influence Pakistan’s financial environment as remittance flows from the UAE remain steady. The Dirham is trading near Rs. 75.50 for buying and Rs. 76.75 for selling.
The Canadian Dollar is trading around Rs. 202.18 for buying and Rs. 206.50 for selling.
The Omani Riyal is also maintaining strong value in Pakistan’s forex market and is trading at about Rs. 715.65 for buying and Rs. 725.65 for selling.
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