Karachi: The Canadian Dollar is remaining active in Pakistan’s open market, as students and skilled workers in Canada are continuing to send funds back home.
The Canadian Dollar is being bought at Rs. 202.35 and sold at Rs. 205.85, according to today’s open market rates.
Canada is hosting a growing number of Pakistani students and immigrants who are contributing to remittance inflows. Families in Pakistan are depending on these transfers for tuition fees, household budgets, and investments.
Education-related payments are also keeping the currency in demand, especially among parents preparing for overseas studies.
The loonie is currently showing moderate stability, offering predictability for both senders and receivers.
