Islamabad, Mar 11, 2025: The exchange rate of the Saudi Riyal (SAR) against the Pakistani Rupee (PKR) remained steady in the open market, standing at Rs74.52 on Tuesday, March 11, 2025.
Meanwhile, the selling price of 1 SAR was noted at Rs74.65.
The Saudi Riyal, the national currency of Saudi Arabia, is symbolized as SAR or SR and is further divided into 100 halalas.
Pakistan-Saudi Arabia Financial Ties Strengthen
Pakistan and Saudi Arabia share a deep-rooted and mutually beneficial alliance, strengthened by significant financial aid from the Kingdom.
Recently, Saudi Arabia extended its $3 billion deposit in Pakistan for another year, providing crucial economic support to the country.
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Additionally, millions of Pakistani expatriates employed in Saudi Arabia send substantial remittances back home each year.
These funds serve as vital financial lifelines, helping families cover daily expenses, invest in education, and stimulate local businesses.
This robust financial flow further cements the economic interdependence between both nations.
Saudi Arabia remains a key destination for Pakistani workers seeking employment.
Upon returning, many exchange their earnings from Saudi Riyals to Pakistani Rupees, contributing to the active currency trade between the two economies.
