Karachi: Foreign exchange trading in Pakistan is remaining stable today, as overseas remittances continue to support the local currency market.
The US dollar is being bought at Rs 280.65 and sold at Rs 282.75, while Pakistani workers in the US are continuing to contribute through regular transfers.
The Saudi riyal is trading at Rs 74.80 buying and Rs 75.30 selling, supported by strong remittance inflows from Pakistani workers in Saudi Arabia.
The Omani riyal is standing at Rs 728.60 buying and Rs 738.60 selling, reflecting its strong demand in the open market.
The Canadian dollar is recorded at Rs 200.50 buying and Rs 204.85 selling, while families of overseas Pakistanis in Canada are closely watching rate movements.
The UK pound remains firm at Rs 377.75 buying and Rs 381.00 selling, providing stable value for remittance receivers.
The UAE dirham is trading at Rs 76.50 buying and Rs 77.00 selling, continuing to support millions of households in Pakistan.
Financial observers are saying that overseas workers are playing a major role in maintaining market stability, while the rupee is avoiding sudden fluctuations.
