Karachi – The UAE Dirham remained firm against the Pakistani rupee on Friday, reflecting the continued importance of Gulf-linked currencies in Pakistan’s economic landscape.
In the open market, the Dirham was quoted at Rs. 76.15 for buying and Rs. 77.25 for selling.
In the interbank market, the Dirham remained broadly aligned with regional Gulf currency trends reflected by the Saudi Riyal interbank rate of Rs 74.35 buying and Rs 74.48 selling.
The Dirham rate remained particularly important for Pakistan because of extensive trade with the UAE, including imports, re-export activity, and remittance inflows.
A firm AED level also affected travel expenses, import settlement costs, and overseas employment remittance conversions.
