As of today, November 18, the buying rate of the UAE Dirham in Pakistan is Rs. 75.35, with the selling rate at Rs. 76, according to forex.pk. This stable exchange rate offers Pakistani expatriates a fair market value for converting their Dirhams.
A significant number of Pakistani workers have secured employment and business opportunities in the United Arab Emirates (UAE), making it a primary destination for migrant labor. For years, the UAE has served as a key hub for Pakistanis seeking better economic opportunities, with many working in industries such as construction, retail, and hospitality. These workers play a vital role in supporting Pakistan’s economic stability by consistently sending remittances to assist their families.
The UAE remains the second-largest source of remittances to Pakistan, contributing billions of dollars annually. This steady flow of funds greatly improves the living standards of many families in Pakistan, providing a significant boost to the national economy.
Given that many workers depend on these remittances to support their families, maintaining a stable exchange rate is essential to protect against financial losses from fraudulent practices. This ensures that Pakistani expatriates in the UAE can continue to provide for their loved ones and contribute confidently to Pakistan’s economy.
