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UAE Dirham Rises Slightly Against PKR on June 21, 2025

AZB Editor by AZB Editor
June 21, 2025
UAE Dirham Holds Steady at PKR 76.44 – Exchange Rate Update for May 23, 2025
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On Saturday, June 21, 2025, the UAE Dirham (AED) was being exchanged at Rs77.25 in Pakistan’s open market, showing a two paisa increase in the buying rate. The selling rate also edged up, reaching Rs77.98, as per data from forex.com.pk.

The exchange relationship between Pakistan and the United Arab Emirates plays a vital role due to strong labor and financial links. In May 2025, overseas Pakistanis in the UAE sent $754.2 million in remittances to Pakistan, making the UAE the second-largest source after Saudi Arabia.

According to the State Bank of Pakistan, total workers’ remittances between July 2024 and May 2025 amounted to $34.9 billion, reflecting a 28.8% increase compared to $27.1 billion during the same period last year.

In May 2025 alone, Pakistan received $3.686 billion in remittances — a 16% rise from April 2025 and a 13.7% increase compared to May 2024 — highlighting the crucial role of overseas contributions in strengthening Pakistan’s foreign exchange reserves.

AZB Editor

AZB Editor

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