Islamabad, Apr 21, 2025: The Saudi Riyal (SAR) sustained its level against the Pakistani Rupee (PKR) in the open market, showing minimal change in its value.
The buying rate for the Saudi Riyal stood firm at Rs74.81, while the selling rate was stable at Rs75.35 as the new trading week commenced.
Current SAR to PKR Exchange Rate
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1 Saudi Riyal = Rs74.78
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1,000 Saudi Riyals = Rs74,780
The Saudi Riyal (symbol: SAR or SR) serves as the official monetary unit of Saudi Arabia.
One Riyal is subdivided into 100 halalas, functioning as the country’s smallest currency unit.
The relationship between Pakistan and Saudi Arabia is based on long-standing religious, diplomatic, and economic ties.
Read More: Saudi Riyal to PKR rate today – 17 April 2025
Their close cooperation reflects shared values, common interests, and mutual trust built over decades.
Saudi Arabia is one of Pakistan’s most significant economic partners, consistently offering support through oil supplies, financial packages, and investments during critical times.
A major aspect of this bond is the Pakistani diaspora.
Nearly 2.5 to 2.7 million Pakistanis live and work in the Kingdom, forming one of the largest overseas communities.
Their contributions to Saudi industries and remittances sent back home significantly impact Pakistan’s economy.
Remittance Insights
In February 2025 alone, Pakistani workers in Saudi Arabia remitted $744.4 million, reflecting:
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A month-on-month increase of 2.21% from January 2025
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A year-on-year surge of 37.88% from February 2024
These remittances play a vital role in stabilizing Pakistan’s foreign exchange reserves and maintaining economic balance.
Read More: Saudi Riyal to PKR Rate Today – April 15, 2025
Foreign Reserve Position
As of March 28, 2025, Pakistan’s total foreign exchange reserves were reported at $15.58 billion. Out of this, the State Bank of Pakistan (SBP) held $10.68 billion.
These reserves are essential for managing the national currency’s value and shielding the economy from global financial volatility.
