Karachi: Pakistan’s open market is witnessing stable activity today as major foreign currencies linked with overseas employment are continuing to trade smoothly against the rupee, offering relief to families relying on remittances.
The US dollar is being bought at Rs. 280.50 and selling at Rs. 282.20, and businesses are continuing to use the greenback for imports, online payments, and international trade. At the same time, freelancers and IT professionals working with global clients are bringing steady dollar inflows into the country.
Among Gulf currencies, the Saudi Riyal is trading at Rs. 74.85 for buying and Rs. 75.35 for selling, while the UAE Dirham is exchanging at Rs. 76.55 and Rs. 77.35. Millions of Pakistani workers in Saudi Arabia and the Emirates are sending money home regularly, helping families manage food, education, and utility expenses.
The high-value Omani Riyal is standing strong at Rs. 728.25 buying and Rs. 737.77 selling, giving households higher returns due to its powerful conversion rate.
Meanwhile, Western currencies are also remaining firm. The British Pound is being bought at Rs. 385.04 and selling at Rs. 389.51, and the Canadian Dollar is trading at Rs. 206.05 and Rs. 209.61. Students and skilled professionals in the UK and Canada are continuing to support their families through regular transfers.
Overall, the steady movement of these currencies is helping the rupee maintain balance as remittances continue acting as a backbone of Pakistan’s economy.
