Karachi: The Omani Riyal (OMR) is trading in the open market at Rs 729.65 for buying and Rs 737.00 for selling.
This rate is particularly significant for Omani-based Pakistani expatriate workers, many of whom are engaged in Oman’s construction, services, and industrial sectors.
Their remittances are now converting at a rate that provides strong value to their families back home, enabling them to make long-term investments, support education, or invest in real estate.
The stability in the OMR-PKR rate is helping both individuals and policymakers forecast remittance inflows, which remain a pillar of Pakistan’s foreign exchange reserves.
