Karachi: The Omani riyal is staying strong against the Pakistani rupee as Pakistan-Oman trade and overseas employment links are continuing to grow.
In today’s open market, the Omani riyal is buying at Rs 728.70 and selling at Rs 738.70. Pakistani workers in Oman are actively sending remittances, which are contributing positively to Pakistan’s foreign exchange inflows.
Families depending on Gulf remittances are closely watching the OMR rate, as higher value transfers are helping in education, healthcare, and daily expenses. Small business owners are also tracking the rate for import planning.
Economic analysts are noting that the riyal is remaining firm due to Oman’s stable economic environment and Pakistan’s strong labor presence in the Sultanate.
