KARACHI: Pakistan’s open currency market remained calm as major foreign currencies showed limited movement against the rupee, supported by ongoing remittance inflows from the Pakistani diaspora.
The US Dollar traded at Rs 281 (buying) and Rs 283.1 (selling). Dollar inflows from overseas Pakistanis helped maintain balance in market demand.
The Saudi Riyal was recorded at Rs 74.85 for buying and Rs 75.35 for selling, reflecting stable transfers from Pakistani workers employed across the Kingdom.
The UAE Dirham exchanged at Rs 76.35 (buying) and Rs 77.35 (selling), as remittances from the UAE continued to support household spending in Pakistan.
The Omani Riyal stood at Rs 728.1 (buying) and Rs 738.1 (selling), maintaining its strength due to regular earnings sent by workers based in Oman.
The Canadian Dollar traded at Rs 202 for buying and Rs 204.85 for selling, while remittances from Canada remained consistent.
Meanwhile, the British Pound stayed strong at Rs 376 (buying) and Rs 379.5 (selling), supported by inflows from Pakistani families residing in the UK.
The overall trend highlighted how remittances continued to play a stabilizing role for Pakistan’s open market and the local currency.
