AED/PKR Price & Performance (AEDPKR)

The Omani Riyal (OMR) maintained its position at Rs 734.50 against the Pakistani Rupee (PKR) on March 21, 2025. This stable rate is significant for the 360,000 Pakistani expatriates in Oman, whose remittances are vital for Pakistan's economy. The buying rate was Rs 726.00, reflecting no recent fluctuations.1

Zarea Limited (ZAL) debuted on the Pakistan Stock Exchange (PSX) on February 28, 2025, at a share price of PKR 16.50. The IPO raised PKR 1.03 billion, marking the year's first public offering. Classified as Shariah-compliant, Zarea's inclusion in the PSX-KMI All Share Islamic Index enhances its investor appeal.2

The Canadian Dollar (CAD) strengthened to 195.57 PKR on March 21, 2025, up from last week's 207 PKR. This uptick benefits Pakistani expatriates in Canada by increasing the value of remittances. However, it also raises the cost of imports, highlighting the importance of monitoring forex trends.3