Islamabad, Apr 7, 2025: The exchange rate between the Saudi Riyal (SAR) and the Pakistani Rupee (PKR) held steady at Rs74.75 in the open market, with the selling rate also remaining unchanged at Rs75.15, as reported by the Forex Association of Pakistan.
This consistent SAR to PKR exchange rate mirrors the broader economic environment, which is influenced by factors such as political stability, foreign exchange reserves, and overall economic conditions.
These elements are critical in shaping currency values on a global scale.
Read More: Saudi Riyal to PKR Rate Today – 28 March 2025
Pakistan and Saudi Arabia are continuing to strengthen their bilateral ties, with a reaffirmation of their strategic partnership following a meeting between Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman in Jeddah.
Their collaboration centers around bolstering defence, security, and economic relationships.
A key pillar of Pakistan’s economy, remittances from overseas Pakistanis—especially those from Saudi Arabia—have seen a marked rise.
Read More: Saudi Riyal to PKR Rate – 05 April 2025
In February 2025, remittances from Saudi Arabia reached $744.4 million, representing a 2.21% month-on-month increase and an impressive 37.88% year-on-year growth from February 2024.
The stable exchange rate, coupled with strong financial interactions, underscores the deepening economic ties between the two nations and emphasizes the critical role remittances continue to play in Pakistan’s economic stability.
