As of today, November 26, 2024, the exchange rate for the UAE Dirham in Pakistan remains unchanged. The buying rate stands at Rs. 75.62, while the selling rate is Rs. 76.27, according to the Forex Association of Pakistan.
The UAE continues to serve as a key destination for Pakistani workers, offering significant employment and business opportunities. For many years, it has been a central hub for Pakistanis seeking improved economic prospects, especially in sectors like construction, retail, and hospitality.
These workers play a vital role in supporting Pakistan’s economy through the remittances they send home. These financial transfers provide crucial support to their families and enhance the livelihoods of many individuals.
The UAE is the second-largest source of remittances to Pakistan, contributing billions of dollars annually. This inflow strengthens Pakistan’s economy and improves the living standards of countless families.
Given the dependence on these remittances, maintaining a stable exchange rate is essential to protect against financial losses, particularly from potential fraudulent activities. A stable exchange rate ensures that Pakistani expatriates can continue to confidently support their families, contributing further to the country’s economic growth.
