Karachi: The Omani Riyal (OMR) remained strong in the open currency exchange market today, trading at Rs. 738.20 (buying) and Rs. 748.20 (selling). Money changers in Karachi and other urban centers attribute this to continued demand from the Pakistani diaspora in Oman. With remittance figures holding strong, the Riyal is expected to stay in the upper range unless oil prices drastically fall or political developments affect the Gulf region.
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