There is a lot of demand for the Iranian Rial in Pakistan.

In Pakistan, the Iranian rial is in high demand, and in the past few weeks, it has gained over four times its value against the local rupee.
Exchange companies say that more and more people are buying Iranian currency in the anticipation that it would go up in value even more.
The trend is happening while the US and Iran are still talking to each other diplomatically, which has changed what people expect from the market.
People are buying Iranian Rial to become “crorepati.”
Traders argue that the rise is also being helped by more commerce between countries, especially in oil items, where sales are seen to be making the rial more valuable.
At the same time, the currency’s movement has become more complicated because of the current state of the economy and the tensions between Iran and other countries.
Analysts say that this change is part of a larger trend of investors looking into other currencies when things are uncertain.
Experts, on the other hand, warn that these kinds of movements might be unstable and based on speculation rather than long-term fundamentals.