Could 21, 2025 (MLN): The change charges for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) confirmed minor actions in opposition to the Pakistani rupee (PKR) in right now’s session, sustaining a largely steady development.
Trade firms quoted SAR at 75.40 for purchasing and 75.80 for promoting. AED adopted swimsuit, with a shopping for price of PKR 77.09 and a promoting price of PKR 77.50.
Equally, QAR held its floor, purchased at PKR 77.56 and offered at PKR 77.85.
Trade price stability portrays a gradual financial surroundings, boosting the arrogance of these engaged in cross-border commerce and funding.
| Foreign money | Could 21, 2025 | Could 20, 2025 | 1D | 1M | FYTD | CYTD | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Bid | Ask | |||||||||
| SAR | 75.40 | 75.80 | 75.38 | 75.80 | 0.00 | 0.00% | -0.43 | -0.57% | -2.11 | -2.78% | -1.45 | -1.91% |
| AED | 77.09 | 77.50 | 77.06 | 77.50 | 0.00 | 0.00% | -0.38 | -0.49% | -1.91 | -2.46% | -1.40 | -1.81% |
| QAR | 77.56 | 77.85 | 77.56 | 77.80 | -0.05 | -0.06% | -1.08 | -1.39% | -0.80 | -1.03% | -1.14 | -1.46% |
Change is on Ask value
Since a good portion of the Pakistani diaspora resides in Center Jap nations, the change charges of PKR in opposition to AED and SAR are intently monitored for remittances and enterprise transactions.
The Center East area has been serving as the first supply of vitality imports and overseas remittances.
The Pakistani diaspora, which has round 11.5 million (as of November 2024) within the Center East, represents the complete spectrum of Pakistani society, from enterprise leaders, entrepreneurs, and white and blue-collar employees to bankers and chartered accountants.
In April 2025, remittances from the Center East performed a dominant position in supporting Pakistan’s financial system, accounting for about 53% of complete inflows.
Saudi Arabia retained its place as the highest contributor, with remittances hovering to $725.43m with a powerful 23% enhance year-on-year.
Following intently, UAE emerged because the second-largest supply because it despatched $657.6m, with a 21% leap in comparison with the identical interval final yr.
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Posted on: 2025-05-21T18:15:24+05:00
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