KARACHI- April 17, 2025: The Canadian Dollar (CAD) has had a consistent performance against the Pakistani Rupee (PKR), which is now at 202.27 PKR in the interbank market.
This stability continues despite world currency fluctuations and Pakistan’s economic reforms, providing a stable forecast for businesses and foreign workers.
1 Canadian Dollar = 202.27 Pakistani Rupee
Understanding the Valuation
The CAD-PKR exchange rate is mainly governed by supply and demand in the foreign exchange (forex) market. Some factors determine this rate:
Trade Relations – The exports of Canada to Pakistan, including agricultural produce, medical supplies, and machinery, and remittances sent by the Pakistani diaspora community in Canada impact the demand for CAD.
Interest Rate Policies – Bank of Canada and State Bank of Pakistan decisions directly affect. Increased Canadian interest rates have the potential to bring in investment, making the CAD stronger than the PKR.
Economic Health – The strength of PKR is influenced by factors such as Pakistan’s inflation, political stability, and reserves. Recent government actions have acted to buffer the currency against drastic falls.
Global Economic Trends – As an important oil exporter, the Canadian currency responds to movements in crude oil prices. Further, CAD is influenced by trends of the US Dollar due to connected trade networks.
Market players such as forex dealers, banks, and central agencies keep these indicators in view in order to keep a balanced and smooth exchange atmosphere.
Effect on Pakistani Canadians
The stable exchange rate is of specific significance to the large Pakistani population in Canada, which remits large amounts of money back to Pakistan. A stable Canadian Dollar-to-PKR exchange rate guarantees:
Regular Financial Support for Families – Minimal currency fluctuation enables expatriates to send money with certainty that the value of rupees will be the same.
Boost to Remittance Flows – Rate predictability urges overseas Pakistanis to remit money via formal banking channels without risking instant losses.
Confidence in Investment Planning – A stable exchange rate facilitates more effective planning for investments in Pakistan, like real estate or small enterprises, without fear of quick currency depreciation.
If the PKR continues to depreciate, expatriates may receive more rupees per dollar, although this may also indicate underlying economic problems such as increasing inflation or decreasing reserves in Pakistan.
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