KARACHI – The UAE Dirham (AED) is being traded at Rs77.23 against Pakistani rupee in open market on Friday after the buying rate dipped by two more paisa.
Similarly, the selling rate of the Dirham also recorded downward trend and hovered at Rs77.94, according to the forex.pk.
AED to PKR Rate Today
Buying Rs77.23
Selling Rs77.94
Currency exchange between Pakistan and the United Arab Emirates (UAE) holds significant economic importance due to the strong financial and labor ties between the two countries.
Currency exchange plays a crucial role in the global economy and holds great significance for countries like Pakistan. It involves converting one country’s currency into another, enabling international trade, travel, and investment.
For Pakistan, currency exchange helps determine the value of the Pakistani rupee against foreign currencies like the US dollar or UAE dirham. A strong exchange rate boosts imports and lowers inflation, while a weak rate can increase export competitiveness.
Currency exchange is also crucial for overseas Pakistanis who send remittances. Monitoring exchange rates helps businesses, travelers, and policymakers make informed financial decisions and manage economic stability effectively.
Remittances from UAE
Overseas Pakistanis residing in the UAE sent $754.2 million in wake of remittances in May 2025, securing second top position in the chart of the workers’ remittances as the first spot is held by Saudi Arabia.
Meanwhile, the workers’ remittances from overseas to Pakistan, recording a significant growth of 28.8 percent during eleven months of fiscal year 2024-25, reached nearly $ 35 billion in the period from July to May while monthly inflows in May increased to $ 3.69 billion.Drones
“Cumulatively, with an inflow of US$ 34.9 billion, workers’ remittances increased by 28.8 percent during Jul-May FY25 compared to US$ 27.1 billion received during Jul-May FY24,” the State Bank of Pakistan reported on Wednesday.
During May 2025, the workers’ remittances recorded an inflow of US$ 3.686 billion, depicting 16 percent growth over April 25 and 13.7 percent yearly increase against May 2024, the statistics showed.
