Karachi: The Canadian Dollar showed a mixed trend against the Pakistani Rupee at the close of trading, reflecting variations between interbank and open market rates.
In the interbank market, CAD closed at Rs. 201.96 (buying) and Rs. 202.33 (selling). Meanwhile, in the open market, it was recorded at Rs. 198.97 (buying) and Rs. 204.25 (selling).
The difference between the two markets indicated varying demand conditions during the trading day.
A stronger Canadian Dollar supported Pakistan’s export sector by increasing returns on goods sold to Canada. However, imports from Canada became more expensive, adding to production costs in key industries.
The closing rates reflected the broader influence of global trade conditions on Pakistan’s currency performance.