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Pakistan Open Market Update: Major Foreign Currencies Showing Mixed Movement Against PKR

Web Desk 5 months ago 0

Pakistan’s open market is witnessing mixed currency trends today as several major foreign currencies are moving steadily against the Pakistani Rupee (PKR). With millions of Pakistani workers sending remittances from Gulf, Europe and North America, these rate changes are continuing to matter for households and businesses across the country.

USD to PKR

The US Dollar is moving slightly upward, with the open-market buying at Rs 281.5 and selling at Rs 281.65. Overseas Pakistanis in the US are continuing to send strong remittances, keeping the dollar demand active.

SAR to PKR

The Saudi Riyal is staying stable, as buying is Rs 75.05 and selling is Rs 75.50. With the largest Pakistani workforce living in Saudi Arabia, these stable rates are supporting consistent remittance inflows.

OMR to PKR

The Omani Riyal is trading firmly, with buying at Rs 730 and selling at Rs 737.5. Pakistanis working in Oman are continuing to contribute significant remittances that support the local economy.

CAD to PKR

The Canadian Dollar is showing mild activity, with buying at Rs 199 and selling at Rs 204. Many skilled Pakistani workers and students in Canada are continuously sending funds home, influencing CAD demand.

GBP to PKR

The British Pound is moving strongly, as buying stands at Rs 368.5 and selling at Rs 372.5. Pakistanis living in the UK remain one of the highest remittance-sending communities, keeping GBP active in the open market.

AED to PKR

The UAE Dirham is staying stable, with buying at Rs 76.7 and selling at Rs 77.50. With Dubai and Abu Dhabi hosting a huge Pakistani workforce, AED continues to remain one of the most traded currencies in the country.

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