The UAE Dirham experienced a decline against the Pakistani Rupee on September 15, 2023. This decline can be attributed to the approval of the IMF dividend plug-in scheme, which is expected to have a positive impact on Pakistan’s economy.
Please check with your bank or the closest foreign currency dealer since the open market rate for AED to PKR is a little bit higher than interbank rates.
Specifically, the UAE Dirham saw a decline of Rs. 0.30 paise, reaching Rs. 81.12, compared to the rate of Rs. 80.82 open bank. These fluctuations in currency rates reflect the dynamic nature of the global financial market.
