KARACHI – The buying rate of UAE Dirham in open market of Pakistan recorded losses in open market of Pakistan on Friday as it stood at Rs76.79 on 30 May 2025.
Similarly, the Dirham is being sold by the currency exchange companies for Rs77.73 after it sheds 3 paisas against PKR.
Dirham is the official currency of the Gulf country. Overseas Pakistanis commonly need to convert the AED into Pakistani currency and this process is called currency exchange.
AED to PKR Today
1 AED = Rs76.79
The UAE and Pakistan share strong economic ties, marked by growing trade, investment, and remittances.
A significant number of Pakistan citizens reside in the UAE and they are sources of major remittances sent to Pakistan.
Their remittances play a vital role in supporting Pakistan’s economy. Regular high-level exchanges and economic cooperation further strengthen this partnership.
The remittances from the United Arab Emirates (UAE) recorded at to $657.6 million in April 2025, around 22 percent down on a monthly basis as they stood at $841.9 million in March 2025.
When it comes to YoY basis, the remittances recorded an increase of 21%, as compared to $542.5 million recorded in April 2024.
Forex Reserves of Pakistan
Meanwhile, the total liquid foreign reserves of Pakistan stood at $16,636.7 million as of May 23 as compared to $16,648.5 million in week ended on May 16.
Furthermore, the reserves held by the State Bank of Pakistan increased to $11,516 million compared to previous $ 11,446.5 million.
Meanwhile, the net foreign reserves held by commercial banks recorded as $5,120.7 million as compared to previous reserves of $5,202 million.
