Remittance Inflows Kept USD, SAR, OMR, AED, CAD and GBP Stable in Pakistan’s Open Market

Pakistan’s open market saw steady trading in USD, SAR, OMR, AED, CAD and GBP as remittance inflows supported the rupee
The Pakistani rupee remained stable in the open market as regular remittances from overseas Pakistanis continued supporting foreign exchange availability.

The US dollar traded at Rs. 281.05 for buying and Rs. 283.30 for selling, showing limited volatility amid steady inflows from Pakistani workers and students abroad.

The Saudi Riyal held firm at Rs. 74.80 on the buying side and Rs. 75.40 on the selling side, backed by consistent transfers from Pakistanis working in the Kingdom.

The UAE Dirham was recorded at Rs. 76.40 (buying) and Rs. 77.05 (selling), reflecting strong remittance support from the UAE.

The Omani Riyal remained among the higher-value currencies, trading at Rs. 728 for buying and Rs. 738 for selling, supported by earnings sent by Pakistani workers in Oman.

The Canadian Dollar stood at Rs. 201.50 (buying) and Rs. 204 (selling), while the British Pound was seen at Rs. 375 for buying and Rs. 378 for selling, both benefiting from steady inflows from Pakistani communities abroad.

By the end of the today, remittance inflows had played a key role in maintaining overall market stability.