Karachi – The Canadian Dollar showed a steady trend in Pakistan’s currency market. In the open market, CAD was trading at Rs. 203.31 (buying) and Rs. 206.85 (selling), while in the interbank market it stood at Rs. 203.74 (buying) and Rs. 204.11 (selling).
The Canadian Dollar is important due to trade relations and a growing Pakistani diaspora in Canada. Remittances sent in CAD contribute to Pakistan’s foreign exchange inflows.
A stable CAD rate supports consistent remittance value and helps businesses engaged in trade with North America manage costs effectively.
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