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Home Business & Stock

Omani Rial to PKR rate: Exchange rate for Pakistan, 8 February 2025

MM News Staff by MM News Staff
February 8, 2025
Omani Rial to PKR

(Image: Pak Observer)

The buying rate of the Omani Rial in Pakistan was Rs 722.9, while the selling rate was Rs 731.4 in the open market on Saturday, February 8. The OMR exchange rate remained unchanged against the Pakistani rupee for the sixth consecutive day of the new business week in Pakistan.

Pakistan and Oman share strong and longstanding relations, built on mutual respect and cooperation. These ties span various sectors, including trade, defense, and cultural exchange. Oman has been one of Pakistan’s key allies in the Gulf region, and both countries have benefited from their positive diplomatic and economic relations.

The frequent high-level visits between leaders and officials reflect the importance of these ties. Oman is also one of the few Gulf countries where Pakistanis have maintained a significant presence, contributing to the bilateral relationship through their work and community activities.

The Pakistani workforce in Oman plays a crucial role in the country’s economy, particularly in construction, hospitality, and various service sectors. Pakistanis have been migrating to Oman for work for decades, drawn by better job opportunities and favorable conditions.

Oman’s open labor market, along with its proximity to Pakistan, makes it an attractive destination for Pakistani workers. Many of these workers have become an integral part of Oman’s workforce, contributing to key infrastructure projects and economic growth.

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