The open market currency rates in Pakistan showed modest movements as major international currencies were traded with slight fluctuations, reflecting ongoing economic adjustments and overseas remittance trends. The changes were closely watched by importers, travelers, and millions of Pakistanis working abroad who regularly sent money back home.
The US Dollar remained the most closely followed currency and was traded at Rs 281 for buying and Rs 283.10 for selling in the open market. The greenback largely stayed within a narrow band as market participants responded to global economic signals and Pakistan’s foreign exchange inflows. Remittances from Pakistani workers in the United States continued to play a vital role in supporting household expenses and stabilizing foreign reserves.
The Saudi Riyal, a key currency due to Pakistan’s strong labor presence in Saudi Arabia, was exchanged at Rs 74.85 for buying and Rs 75.35 for selling. Millions of Pakistani workers employed in construction, services, and healthcare sectors in the Kingdom continued sending remittances, especially ahead of seasonal travel and religious activities.
Meanwhile, the UAE Dirham was traded at Rs 76.35 on the buying side and Rs 77.35 on the selling side. The currency’s stability reflected steady remittance flows from Pakistani expatriates working in Dubai, Abu Dhabi, and other emirates, where Pakistanis formed a significant part of the workforce.
The Omani Riyal, one of the highest-valued currencies, was quoted at Rs 728.10 for buying and Rs 738.10 for selling. Pakistanis employed in Oman’s energy, logistics, and service sectors continued to contribute valuable foreign inflows, making the currency’s movement particularly relevant.
The UK Pound Sterling experienced limited change and was traded at Rs 376 for buying and Rs 379.50 for selling. Remittances from the United Kingdom remained an important source of income for many Pakistani families, especially amid rising living costs.
The Canadian Dollar was recorded at Rs 202 for buying and Rs 204.85 for selling. Pakistani professionals and students in Canada continued supporting families back home, making the currency’s performance significant in daily market updates.
Overall, the currency market reflected cautious optimism, as steady remittance inflows helped absorb pressure from imports and external obligations.
US Dollar, Riyal, Pound and Dirham Rates in Pakistan Declined Slightly in Open Market
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