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Dollar, Riyal, Dirham, Pound, Omani Riyal and Canadian Dollar Trading Steady as Remittances Support Pakistan’s Rupee

Muhammad Ali (Web Desk Reporter) by Muhammad Ali (Web Desk Reporter)
February 3, 2026
in Forex
Reading Time: 1 min read
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Karachi: Foreign currencies linked directly with overseas Pakistanis are trading steadily in today’s open market, as the rupee is showing balanced movement amid consistent remittance inflows from the Gulf, Europe and North America.
The US Dollar is being bought at Rs. 280.60 and selling at Rs. 282.30, and businesses are continuing to use the greenback for imports, online payments and international trade. At the same time, freelancers and IT professionals are sending regular dollar earnings back home.
Among Gulf currencies, the Saudi Riyal is trading at Rs. 74.85 for buying and Rs. 75.35 for selling, while the UAE Dirham stands at Rs. 76.50 buying and Rs. 77.30 selling. Millions of Pakistani workers in Saudi Arabia and the UAE are continuing to transfer funds monthly, helping families manage household expenses and rising costs.
The high-value Omani Riyal is exchanging at Rs. 728.20 buying and Rs. 737.72 selling, offering stronger returns in rupee terms. Families receiving remittances from Oman are benefiting from the currency’s premium value.
In Western markets, the British Pound is being bought at Rs. 383.31 and selling at Rs. 387.76, providing solid financial support to households with relatives in the UK. Meanwhile, the Canadian Dollar is trading at Rs. 203.84 buying and Rs. 207.38 selling, as students and professionals continue cross-border transfers.
Market activity is remaining calm, and these steady remittance-linked inflows are helping the rupee maintain stability despite global pressures.

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Muhammad Ali is a Web Desk Reporter at The Pakistan Observer, contributing to the publication’s digital news coverage with a focus on timely, accurate and reader-friendly reporting.

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