Karachi – The UAE Dirham remains a key currency for Pakistan due to the deep-rooted trade ties between the two nations. Today, the interbank market is recording the UAE Dirham at a buying rate of Rs. 75.90 and a selling rate of Rs. 76.10.
Shifting to the open market, the Dirham is being bought at Rs. 76.15 and sold at Rs. 77.25. The Dirham’s stability is crucial for the thousands of small and medium enterprises in Pakistan that rely on re-export markets in Dubai.
Because much of Pakistan’s regional trade is invoiced in or linked to the Dirham, these steady rates are allowing businesses to forecast their procurement costs more accurately.
Furthermore, the consistent value of the AED is supporting the retail sector and the travel industry, which are both integral to the broader services sector of the Pakistani economy as it strives for a 3.5% GDP growth target this year.
