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Exchange Rates

The currency market in Pakistan remained stable as the dollar, riyal, and pound traded steadily.

Web Desk 4 months ago 0

The open market currency rates in Pakistan largely remained stable, with key international currencies trading within narrow ranges. The situation reflected a balance between import demand and consistent remittance inflows from overseas Pakistanis.

The US Dollar was traded at Rs 281 buying and Rs 283.10 selling, remaining the dominant currency influencing Pakistan’s economy. Pakistani families continued relying on remittances from the US to manage rising living costs.

The Saudi Riyal was exchanged at Rs 74.85 and Rs 75.35, supported by strong labor ties between Pakistan and Saudi Arabia.

The UAE Dirham remained steady at Rs 76.35 buying and Rs 77.35 selling, backed by steady employment of Pakistanis in the Emirates.

The Omani Riyal stood high at Rs 728.10 and Rs 738.10, reflecting its strong valuation and consistent worker inflows.

The UK Pound and Canadian Dollar also traded steadily, supporting families across Pakistan.

Overall, the forex market remained calm, driven by overseas workers’ contributions and cautious economic activity.

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