Dollar, Riyal, Dirham, Pound, Canadian Dollar and Omani Riyal Trading Steady as Remittances Support Rupee in Open Market

Karachi: Pakistan’s currency market is showing balanced activity today as major foreign currencies linked with overseas employment are trading steadily in the open market, helping the rupee maintain stability amid consistent remittance inflows.
The US Dollar is being bought at Rs. 280.60 and sold at Rs. 282.30, continuing to dominate trade and import payments. Freelancers, IT exporters, and online service providers are regularly bringing dollar earnings into the country, strengthening foreign exchange flows.
Gulf currencies are also holding firm. The Saudi Riyal is buying at Rs. 74.85 and selling at Rs. 75.35, while the UAE Dirham is buying at Rs. 76.55 and selling at Rs. 77.35. With millions of Pakistanis working in Saudi Arabia and the UAE, daily remittances are supporting families with food, rent, education, and utility bills.
Meanwhile, the Omani Riyal remains one of the highest-valued currencies, trading at Rs. 728.25 for buying and Rs. 737.77 for selling, giving stronger returns to households receiving funds from Oman.
In Western markets, the British Pound is buying at Rs. 385.04 and selling at Rs. 389.51, while the Canadian Dollar stands at Rs. 206.05 buying and Rs. 209.61 selling. Students and skilled professionals abroad are continuing to send money home, keeping these currencies active in the market.
Overall, steady remittance inflows are creating cautious confidence, and the rupee is showing resilience against global pressures.