On March 28, 2025, the exchange rate for the Canadian Dollar (CAD) against the Pakistani Rupee (PKR) in the open market experienced fluctuations due to global economic factors and market demand.
As of 8:10 AM Pakistan Standard Time (PST), the buying rate for one Canadian Dollar stood at Rs 196.35, while the selling rate was recorded at Rs 198.75. These rates indicate the value at which financial institutions and currency exchange companies conduct transactions with customers.
When compared to the previous trading day, the buying price of the Canadian Dollar on March 27, 2025, was Rs 196.35, while the selling price remained at Rs 198.75. These minor variations underscore the influence of foreign currency demand, trade relations, and economic policies on exchange rate fluctuations.
The exchange rate mechanism operates based on market-driven principles, where the buying rate represents the amount at which banks and exchange companies purchase the Canadian Dollar from individuals, while the selling rate denotes the price at which they offer the currency to customers. Factors such as foreign reserves, remittance inflows, and economic stability impact these rates.
The Canadian Dollar holds significant importance for international trade, foreign investments, and remittances. Many Pakistani expatriates living in Canada send money back home, making the exchange rate a key metric for financial planning. Businesses engaged in trade with Canada also closely monitor the value of the Canadian Dollar against the Pakistani Rupee, particularly on March 28, 2025, to make informed financial decisions.
Financial analysts and traders are closely observing the exchange rate of the Canadian Dollar on March 28, 2025, as fluctuations may impact import costs, investment strategies, and remittance values. The exchange rate between the Canadian Dollar and the Pakistani Rupee is influenced by global economic trends, monetary policies, and trade agreements between the two nations.
To make well-informed financial decisions, individuals and businesses should stay updated on the latest exchange rates, as the valuation of the Canadian Dollar may fluctuate throughout the day. As of March 28, 2025, market participants remain attentive to any developments that could impact the Canadian Dollar-PKR exchange rate dynamics.