Forex

Open Market Update: Major Global Currencies Strengthen Against PKR Today

Karachi: Pakistan’s open market is continuing to record active trading today as major currencies maintain steady momentum against the PKR. The US Dollar is being traded at Rs. 281.50 buying and Rs. 281.60 selling, driven by ongoing remittance inflows from the United States.

The Saudi Riyal is at Rs. 74.95 buying and Rs. 75.55 selling, supported by millions of Pakistani workers based in Saudi Arabia. At the same time, the Omani Riyal is showing stability at Rs. 729.25 buying and Rs. 739.25 selling, reflecting consistent overseas transfers.

The Canadian Dollar stands at Rs. 199 buying and Rs. 204 selling, as students and professionals in Canada continue sending funds back home. The British Pound remains strong, currently trading at Rs. 371.50 buying and Rs. 375 selling.

The UAE Dirham is holding steady at Rs. 76.65 buying and Rs. 77.40 selling, backed by a large Pakistani workforce in the UAE. Overall, overseas Pakistanis continue playing a vital role in boosting Pakistan’s foreign exchange activity today.

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