KARACHI – The Pakistani rupee rate from the United Arab Emirates Dahm increased by three money in Pakistan’s open market as it stood at Rs 76.31 on Wednesday, March 19, 2025.
According to the Forex Association of Pakistan (FAP), the sales rate for the UAE currency AED in Pakistan has also been strengthened as it is available in the local currency market for Rs 76.67.
Durham is the official currency of the United Arab Emirates. Overseas Pakistanis usually need to convert the currency of their host country into Pakistani currency and this process is called currency exchange.
Currency exchange rate
The currency exchange rate is determined by a number of factors, such as the economic situation of a country, demand level and market sentiment. They reflect how much currency is strengthened by a country compared to another country.
The following are key factors that affect currency exchange rates:
Supply and demand
The basic law of supply and demand plays an important role in the commitment to exchange rates. If more and more people want currency, its price goes up. If the demand is low, its price falls.
Foreign exchange (Forex) Market
The trends in the Forex market are considered the world’s largest and largest liquid market, and rates are fluctuated on the basis of which traders are willing to buy or sell currency.
Inflation rate
In countries with inflation, there are strong currency, because low inflation means that the purchase power is more stable. High inflation usually puts pressure on the currency.
Other factors include political stability, economic performance, trade balance, central bank policies and others.
Remittances from United Arab Emirates to Pakistan
There are more than two million Pakistanis living in the Gulf country where they are engaged in various jobs and businesses in the country.
According to data released by the State Bank of Pakistan (SBP), Pakistan received $ 3.1 billion in February 2025 in the context of remittances of Pakistani workers overseas, which increased by 3.8 percent over the previous month of January 2025.
Remittances increased by 38.6 % on an annual basis, compared to 25 2.25 billion in the same month last year.
The arrival of remittances from the United Arab Emirates increased by 4.94 percent on a monthly basis as Pakistan received $ 652.2 million in February, while in January there was $ 621.5 million.
On an annual basis, remittances increased by 69.49 %, compared to 4 384.8 million recorded in the same month last year.
