Karachi – The Omani Riyal is staying at a strong level in Pakistan’s open currency market as Gulf-linked financial inflows are remaining steady.
In the open market, the Omani Riyal is trading at Rs. 723 (buying) and Rs. 733.45 (selling), while interbank rates are not listed in today’s official interbank table.
The high value of the Riyal is continuing to impact remittance inflows from Gulf countries, especially for Pakistani workers sending money home.
Trade and import settlements linked with Middle Eastern markets are also reflecting the strength of this currency in Pakistan’s foreign exchange system.
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