KARACHI – The United Arab Emirates Dahm’s exchange rate recorded a slight change in Pakistan’s open market as it stood at Rs 75.95 on Monday, February 17, 2025.
According to the Forex website, there was no change in the sales rate for the UAE currency in Pakistan, which is available in the local currency market for Rs 76.6.
Durham is the official currency of the United Arab Emirates. Pakistanis abroad usually need to convert the currency of their host country into Pakistani currency and this process is called currency exchange.
In the open market, the United Arab Emirates Durham rate is Rs 75.95. Therefore, 1,000 dirhams will be equal to Rs 755,950 in Pakistani currency.
More than two million Pakistani immigrants are based in the United Arab Emirates where they are engaged in various jobs and businesses in the country.
In January 2025, the remittances of the United Arab Emirates (United Arab Emirates) on a monthly basis fell from 2 % to $ 622 million. However, it was 53 % higher than the amount sent by immigrants in the same month of last year.
Pakistan and the United Arab Emirates have strong cultural and economic relations as the Gulf country is expanding its support in difficult times.
The United Arab Emirates has recently raised $ 1 billion in its two reserves with the central bank for a year.
The two sides have also engaged in various projects, as a recent UAE firm has invested in Pakistani ports.
