KARACHI – The UAE Dirham (AED) recorded gains against Pakistani rupee (PKR) in open currency market on Friday as 1 AED reached Rs76.96.
Similarly, the selling rate of the Dirham stood at Rs77.7 after witnessing upward trend, according to the forex.pk.
AED to PKR Rate Today
Buying Rs76.96
Selling Rs77.7
The local currency rates reflect ongoing trend in the forex market influenced by regional demand, remittance inflows, and overall economic sentiments. Currency analysts attribute the change to steady remittance flows ahead of Eid-ul-Adha and relatively stable macroeconomic indicators.
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.
