Exchange Rate of UAE Dirham Falls Slightly in Pakistan on November 23, 2024

Karachi: On November 23, 2024, the exchange rate of the UAE Dirham in Pakistan saw a minor decline. The buying rate decreased by 5 paisas, reaching 75.62 Pakistani Rupees, while the selling rate is recorded at 76.27 Pakistani Rupees.
The UAE remains the second-largest source of remittances for Pakistan, sending billions of dollars annually, which significantly strengthens Pakistan’s economy and improves the living standards of many families. Pakistan’s economy heavily relies on these remittances, making it crucial to maintain a stable exchange rate to avoid potential fraud and financial losses.
A stable exchange rate instills confidence in Pakistani expatriates, allowing them to continue supporting their families back home, further contributing to the country’s economic growth.