Pakistan dirham exchange rate for November 30, 2024
As of Saturday, 30 November 2024, the exchange rate of UAE dirham in Pakistan increased marginally. The purchase price increased by one paisa, which now stands at Rs. 75.70, while the selling rate rose to Rs. 76.35, according to Forex Association of Pakistan.
The UAE is serving as an important destination for Pakistani workers, providing significant employment and business opportunities. Sectors such as construction, retail and hospitality are the primary avenues for economic engagement of Pakistani expatriates in the UAE.
These workers play an important role in strengthening Pakistan’s economy by sending remittances, which support their families and develop countless households. As the second largest source of remittances to Pakistan, the UAE contributes billions of dollars annually, bolstering foreign exchange reserves and promoting economic growth.
Given the importance of these remittances, it is important to ensure a stable exchange rate. A stable rate helps protect migrants’ hard-earned money from potential financial losses and supports their ability to contribute effectively to the economic well-being of their families and the nation.
