Islamabad, Apr 5, 2025: The Saudi Riyal (SAR) experienced a slight dip against the Pakistani Rupee (PKR) in the open market, with the rate settling at Rs74.75.
The exchange rate for selling the Riyal also saw a minor decline, now listed at Rs75.15.
Current Saudi Riyal to PKR Exchange Rate
This represents a small drop of three paisas from the previous day, indicating subtle fluctuations in the currency exchange market as the weekend began.
The Saudi Riyal (SAR), the official currency of Saudi Arabia, is divided into 100 halalas.
Currency exchange, a regular financial activity in Pakistan’s open market, involves converting various currencies, such as the Pakistani Rupee, into others like the US Dollar, UAE Dirham, or Saudi Riyal.
These exchange rates are crucial to many sectors, especially in Pakistan, where remittances from overseas are vital for the country’s economic stability.
Saudi Arabia remains one of Pakistan’s key allies in various sectors, including political, economic, and strategic areas.
The strong diplomatic ties between both countries were recently reaffirmed through a high-level meeting in Jeddah, attended by Prime Minister Muhammad Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman.
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The talks highlighted shared goals of boosting defense, security collaboration, and economic relations.
Simultaneously, remittances from Saudi Arabia continue to serve as a critical financial source for Pakistan’s economy.
In February 2025 alone, overseas Pakistanis in Saudi Arabia sent $744.4 million back home, marking a 2.21% increase from January 2025 and a 37.88% jump compared to February 2024, as reported by the State Bank of Pakistan (SBP).
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These figures underscore the ongoing financial support of expatriate workers for their families and the national economy.
