KARACHI – UAE Dirham to Pakistani rupee rate registered slight increase of one paisa for second consecutive day as it stood at Rs76.30 on Saturday, 22 March 2025.
The selling rate for the AED in Pakistan also moved up as it is available for Rs76.66 in local currency market, according to Forex Association of Pakistan (FAP).
Dirham is the official currency of the United Arab Emirates. Overseas Pakistanis commonly need to convert the currency of their host country into Pakistani currency and this process is called currency exchange.
Both Islamic countries have strong relations in various domains, including economy. The Gulf country has also been provided financial assistance to Pakistan whenever it is needed, reflecting the level of bilateral ties.
More than two million Pakistanis reside in the Gulf country where they are engaged in various employments and businesses in the country.
Pakistan received $3.1 billion in wake of remittances from overseas Pakistani workers in February 2025, registering an increase of 3.8% as compared to previous month of January 2025, according to data released by the State Bank of Pakistan (SBP).
Remittances increased by 38.6% on year-on-year basis, compared to $2.25 billion recorded in the same month last year.
The inflow of remittances from the UAE surged by 4.94% on a monthly basis as Pakistan received $652.2 million in February, compared to $621.5 million in January.
On a yearly basis, remittances increased by 69.49%, as compared to $384.8 million recorded in the same month last year.
