Islamabad, Apr 24, 2025: On Thursday, the Saudi Riyal to Pakistani Rupee exchange rate recorded a minor uptick in the open market, with the SAR appreciating by six paisas.
The change reflects a steady market demand and continues positive economic sentiment between the two nations.
The buying price for 1 Saudi Riyal (SAR) rose to Rs74.90, while the selling price reached Rs75.44, indicating a slight gain on the fourth business day of the week.
SAR to PKR Exchange Rate Today
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1 SAR = Rs74.90
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1,000 SAR = Rs74,900
The Saudi Riyal (SAR), also denoted as SR, is the official currency of Saudi Arabia, further divided into 100 halalas.
Due to strong economic ties and shared religious values, Pakistan and Saudi Arabia continue to maintain close relations on multiple fronts.
Read More: Saudi Riyal to PKR Rate Today – 23 April 2025
Saudi Arabia remains one of Pakistan’s top economic partners, offering vital support in the form of oil facilities, monetary aid, and foreign investments.
These contributions are crucial for stabilizing Pakistan’s financial position during challenging periods.
With nearly 2.6 million Pakistanis living and working in Saudi Arabia, the kingdom hosts one of the largest overseas Pakistani communities.
These expatriates play a pivotal role in contributing to the Saudi labor force while sending billions back to Pakistan.
Remittance Highlights – February 2025
In February 2025 alone, Pakistan received $744.4 million in remittances from Saudi Arabia.
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This was a 2.21% rise from January 2025.
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A significant 37.88% increase compared to February 2024.
Such remittance flows are essential for strengthening Pakistan’s foreign exchange reserves, helping cover import bills and stabilize the rupee.
Pakistan’s Foreign Exchange Reserves – March 2025
As of March 28, 2025, the country’s total liquid reserves reached $15.58 billion, with the State Bank of Pakistan (SBP) holding $10.68 billion.
These reserves act as a buffer against global economic disruptions and play a key role in supporting the PKR to SAR exchange rate and broader economic health.
