Open Market Shows Active Currency Trading as Rupee Faces Dollar, Riyal and Pound Pressure

Pakistan’s open market is remaining active as the rupee is moving against major foreign currencies amid steady remittance inflows and import-related demand.

The US dollar is circulating near Rs 281 buying and Rs 283 selling, while the Saudi riyal is trading around Rs 74.8–75.5, reflecting sustained economic links with Gulf nations. The UAE Dirham is standing close to Rs 76.5–77.5, supporting travel and employment flows.

The Omani Riyal is continuing to trade above Rs 728, highlighting its strength, while the UK Pound Sterling is staying near Rs 380, driven by Pakistani professionals and students in the UK. Meanwhile, the Canadian dollar is hovering above Rs 203, supported by migration and education-related transfers.

Overall, Pakistan’s foreign exchange market is remaining sensitive to global trends, while overseas Pakistanis are playing a critical role in supporting the rupee through consistent remittances.