Karachi – Pakistan’s currency market is currently witnessing gradual fluctuations as global economic pressures are continuing to influence exchange rates. The US Dollar (USD) is trading at Rs. 279.25 (buying) and Rs. 280.30 (selling), showing that the rupee is holding its ground but remains under pressure.
The US Dollar is continuing to dominate Pakistan’s trade system, as most international transactions are being conducted in USD. The current rate is increasing the cost of imports, especially fuel and energy, which is directly impacting electricity prices and overall inflation.
The British Pound (GBP) is trading at Rs. 370.31 (buying) and Rs. 374.25 (selling). Its strength is benefiting Pakistani exporters, particularly in the textile sector, as export revenues are increasing when converted into rupees. However, it is also raising the cost of imported goods from the UK.
The Canadian Dollar (CAD) is being traded at Rs. 200.46 (buying) and Rs. 206.50 (selling). This is affecting Pakistan’s trade in commodities and also playing a role in remittance inflows from Pakistani expatriates living in Canada.
In the Gulf region, the Saudi Riyal (SAR) is trading at Rs. 73.70 (buying) and Rs. 74.65 (selling), while the UAE Dirham (AED) is at Rs. 75.45 (buying) and Rs. 76.65 (selling). These currencies are critical for Pakistan’s economy, as a large portion of remittances is coming from Saudi Arabia and the UAE.
The Omani Riyal (OMR) continues to hold strong value at Rs. 715.10 (buying) and Rs. 725.10 (selling), contributing significantly to foreign exchange reserves due to its high conversion rate.
The ongoing currency movement is reflecting that Pakistan’s economy is currently being shaped by two major forces: import dependence and remittance inflows.
The higher USD rate is increasing the cost of doing business, especially for industries relying on imported raw materials. This is gradually pushing inflation upward.
On the other hand, stable SAR, AED, and OMR rates are strengthening remittance inflows, which are helping stabilize the rupee and support foreign reserves. GBP is supporting export earnings, while CAD is contributing through both trade and overseas income.
The market is currently moving in a controlled pattern, suggesting that while pressures are present, systemic stability is being maintained through balanced inflows and outflows.
