KARACHI/DOHA – April 22, 2025: The exchange rate of the Qatari Riyal (QAR) remains stable against the Pakistani Rupee (PKR) at 77.08 PKR. This constancy highlights Qatar’s robust economic framework, bolstered by significant hydrocarbon resources and a currency pegged to the dollar.
The stable QAR value fosters a beneficial atmosphere for trade and investment between Pakistan and Qatar.
One Qatari Riyal translates to 77.08 Pakistani Rupees
This steadfast exchange rate holds significant consequences for both countries. Pakistani exporters, particularly in agriculture and textiles, gain from stable pricing, enhancing their competitiveness within the Qatari market and potentially increasing export revenues. On the other hand, this stability draws in investors and firms looking to take advantage of Pakistan’s growing market, creating avenues for partnerships and infrastructure initiatives.
For Pakistan, the constant exchange rate between the Qatari Riyal and the Pakistani Rupee guarantees reliable remittance flows from its large expatriate community in Qatar. Given that remittances from the Middle East constituted 55% of total inflows for Pakistan in December 2024, the strong QAR value provides protection for this vital economic support, strengthening foreign exchange reserves and sustaining the balance of payments.
However, any future depreciation of the PKR could increase the costs related to importing Qatari energy supplies for Pakistan, adversely affecting its trade balance. As both economies continue to develop, the QAR-PKR exchange rate will be an essential indicator for evaluating their trade resilience. The contrast between Qatar’s resource-based stability and Pakistan’s market growth potential will play a growing role in shaping their economic cooperation in the years ahead.
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