Pakistani Rupee Performance Reviewed Against Major Currencies in Open Market

The Pakistani rupee remained under observation against major foreign currencies in the open market, as exchange rates reflected ongoing economic movements and external payment needs.
The US dollar traded at Rs 281 buying and Rs 283 selling, maintaining its central role in Pakistan’s import bill and foreign obligations. The movement of the greenback continued to influence inflation expectations and fuel prices across the country.
The Saudi riyal, closely linked with Pakistani expatriates in the Kingdom, was recorded at Rs 74.8 buying and Rs 75.45 selling. Remittances from Saudi Arabia continued to support household incomes in Pakistan, especially during peak working seasons.
The UAE dirham stood at Rs 76.45 buying and Rs 77.40 selling, reflecting steady demand due to strong trade ties and a large Pakistani workforce in the UAE. Overseas workers regularly relied on the dirham rate to plan remittances for families back home.
The Omani riyal, one of the region’s strongest currencies, was seen at Rs 727.75 buying and Rs 737.75 selling. Pakistani professionals working in Oman closely followed the rate as it affected savings transfers.
The Canadian dollar traded at Rs 203.55 buying and Rs 207.55 selling, impacting students and immigrants linked with Canada. Meanwhile, the UK pound sterling exchanged at Rs 378.75 buying and Rs 382.75 selling, influencing education costs and remittances from the UK-based Pakistani community.
Overall, open market rates showed cautious stability while reflecting global currency pressures.