KARACHI: The Pakistani rupee is showing mixed movement against major foreign currencies in the open market today, as global trends, remittance inflows, and import-related demand are continuing to shape exchange rate dynamics across the country.
The US dollar is trading at Rs. 281 for buying and Rs. 283.05 for selling in the open market. The greenback is remaining the most closely watched currency, as Pakistan is continuing to rely on dollar inflows for trade settlements, debt servicing, and external financing. Overseas Pakistanis working in the United States are continuing to play a steady role in supporting remittance inflows, which are helping stabilize market sentiment.
At the same time, the Saudi riyal is trading at Rs. 74.9 for buying and Rs. 75.50 for selling. The riyal is holding particular importance for Pakistan, as millions of Pakistani workers are currently living and working in Saudi Arabia. These workers are consistently sending money back home, and their remittances are supporting household consumption and foreign exchange reserves.
The UAE dirham is being quoted at Rs. 76.65 for buying and Rs. 77.50 for selling. Market observers are noting that remittance flows from the United Arab Emirates are remaining strong, especially from Pakistani workers employed in construction, transport, retail, and services sectors. The steady movement of the dirham is reflecting continued economic activity between Pakistan and the UAE.
Meanwhile, the Omani riyal is trading at Rs. 729.1 for buying and Rs. 739.1 for selling, maintaining its position among the higher-valued Gulf currencies. Pakistanis working in Oman are continuing to contribute through regular remittances, particularly from skilled and semi-skilled labor segments, which are supporting Pakistan’s foreign exchange inflows.
The British pound sterling is moving at Rs. 378.5 for buying and Rs. 382.5 for selling. The pound is remaining sensitive to global economic signals, while Pakistani families with relatives in the United Kingdom are closely monitoring exchange movements. Remittances from the UK are playing a significant role in supporting education expenses, healthcare costs, and household investments in Pakistan.
At the same time, the Canadian dollar is trading at Rs. 202.50 for buying and Rs. 205 for selling in the open market. Pakistani professionals and students residing in Canada are continuing to send funds home, and these inflows are contributing to overall foreign exchange stability.
Analysts are observing that the rupee is responding to a mix of external pressures and domestic economic indicators. Import payments, energy-related demand, and global currency trends are continuing to influence daily movements, while consistent remittance inflows are acting as a stabilizing factor.
Overall, the foreign exchange market is remaining cautious yet orderly, with buyers and sellers closely tracking developments. The rupee is navigating global uncertainties while relying on overseas Pakistanis, whose continued support is playing a crucial role in sustaining economic balance.
Pakistani Rupee Is Showing Mixed Trends Against Major Currencies in Open Market
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