KARACHI: Pakistan’s open market currency landscape is showing mixed movement today as major foreign currencies are trading within narrow ranges against the Pakistani rupee, reflecting steady demand tied closely to remittances and international payments.
The US Dollar is trading at Rs 281.05 for buying and Rs 283.05 for selling, as importers and remittance recipients are closely monitoring the greenback’s movement. The dollar is continuing to play a central role in Pakistan’s trade, foreign debt servicing, and fuel imports, keeping its demand consistently firm.
Meanwhile, the Saudi Riyal is trading at Rs 74.80 on the buying side and Rs 75.45 on the selling side. The riyal is remaining especially important for millions of Pakistani workers living in Saudi Arabia, as daily remittance flows are supporting household expenses back home, particularly ahead of utility bills and education payments.
The UAE Dirham is standing at Rs 76.70 for buying and Rs 77.55 for selling, as Pakistanis working in Dubai, Abu Dhabi, and Sharjah are continuing to send funds regularly. These remittances are playing a stabilizing role in Pakistan’s foreign exchange inflows, especially from the Gulf region.
At the same time, the Omani Riyal is trading at Rs 728.55 for buying and Rs 738.55 for selling, reflecting its high value due to Oman’s strong currency structure. Pakistani professionals working in Oman are contributing significantly through higher-value remittances that are supporting family savings and investments.
The UK Pound Sterling is trading at Rs 378.85 for buying and Rs 382.85 for selling, as students, workers, and businesses linked to the United Kingdom are tracking its movement closely. The pound is remaining sensitive to global economic indicators but is continuing to hold strength against the rupee.
Meanwhile, the Canadian Dollar is being quoted at Rs 203.60 for buying and Rs 208.10 for selling, as Pakistani immigrants in Canada are steadily sending funds back home. These remittances are supporting real estate investments and long-term family financial planning in Pakistan.
Overall, Pakistan’s open market currency rates are reflecting cautious stability, supported largely by overseas Pakistanis whose remittances are continuing to act as a backbone for the national economy.
