Karachi: The UAE Dirham is remaining highly influential in Pakistan’s open market today due to massive Pakistani workforce presence in the UAE. The Dirham is being bought at Rs. 76.50 and sold at Rs. 77.35.
Millions of Pakistanis working in Dubai, Abu Dhabi, and Sharjah are sending money home every month. These remittances are playing a major role in supporting Pakistan’s economy and strengthening foreign exchange reserves.
Real estate investments, small businesses, and household savings in Pakistan are heavily linked with Dirham remittances.
Analysts are saying that the Dirham’s stability is providing confidence to overseas workers and their families.
The AED is therefore continuing to act as one of Pakistan’s most reliable foreign currencies in the open market.
