The open market in Pakistan is seeing active trading of major foreign currencies, with USD, SAR, OMR, and CAD showing notable movements today.
The US Dollar is trading at PKR 281.05 buying and PKR 283.05 selling. Pakistani expatriates in the United States are continuously sending remittances to support their families back home, contributing to a steady inflow of dollars and influencing local markets. Businesses and importers are closely monitoring these rates as they directly impact import costs and economic planning.
Meanwhile, the Saudi Riyal is being bought at PKR 74.8 and sold at PKR 75.45. Pakistani workers in Saudi Arabia are continuously remitting funds to their households, which is actively helping families maintain their daily expenses. Analysts are noting that seasonal work fluctuations in Saudi Arabia are subtly impacting PKR stability against SAR.
The Omani Rial continues to show strong open market demand with rates at PKR 728.55 buying and PKR 738.55 selling. Remittances from Pakistani workers in Oman are continuously flowing into the country, aiding economic activity and providing vital support to local households. Traders are observing these rates for import planning and currency exchange adjustments.
The Canadian Dollar is trading at PKR 203.6 buying and PKR 208.1 selling, with Canadian workers continuously sending money to Pakistan. These remittances are supporting family expenses and influencing small and medium enterprises. Economic analysts highlight that consistent inflows from Canada are contributing positively to Pakistan’s foreign currency reserves.
Overall, the open market is experiencing steady activity as workers abroad continue transferring funds, impacting exchange rates and contributing to the national economy. These currency movements are also closely watched by businesses, importers, and remittance-reliant households across Pakistan.
