Karachi – The Australian dollar (AUD) remained relatively stable against the Pakistani rupee on Monday, reflecting balanced demand in both interbank and open market segments.
In the interbank market, the Australian dollar was recorded at Rs 199.92 (buying) and Rs 200.28 (selling). Meanwhile, in the open market, it was traded at Rs 196.82 (buying) and Rs 202.68 (selling).
Currency dealers stated that AUD demand in Pakistan is largely driven by education-related remittances, skilled migration, and trade links with Australia. Despite global currency fluctuations, the AUD-PKR exchange range has remained controlled in recent sessions.
Financial analysts suggest that the Australian dollar may remain sensitive to commodity price movements, particularly iron ore and energy exports, which significantly influence Australia’s economic outlook.
Market participants expect short-term stability unless global risk sentiment shifts or Pakistan’s import demand increases unexpectedly.
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