Pakistan Forex Market Update: PKR, USD, GBP, AED & SAR
In the Pakistani foreign exchange market, the Pakistani Rupee (PKR) remained mostly stable against key currencies today, with no major volatility reported in open market trading.
The US Dollar (USD to PKR) traded around PKR 280.20, showing slight firmness but overall stability. Currency dealers noted balanced demand from importers and remittance inflows, keeping the dollar rate in check.
The British Pound (GBP) also remained steady, reflecting stable international trends and limited local demand pressure. GBP rates in Pakistan showed no significant change during today’s session.
Among Gulf currencies, the UAE Dirham (AED) held near PKR 76.30 (based on its peg to the US Dollar), while the Saudi Riyal (SAR) remained stable around PKR 74.70. These currencies are closely watched in Pakistan due to high remittance volumes from the Middle East.
Overall, Pakistan’s currency market stayed calm today, with USD to PKR, GBP, AED, and SAR showing minimal movement.
