The Saudi Riyal (SAR) registered a slight gain against the Pakistani Rupee (PKR) in the open market on Thursday, with the buying rate rising by one paisa to Rs75.64, according to currency dealers.
The selling rate also edged up by one paisa, now standing at Rs76.21.
The marginal increase in rates reflects routine market movement driven by steady remittance flows and seasonal demand.
The SAR to PKR exchange rate continues to draw widespread attention as millions of overseas Pakistanis residing in Saudi Arabia contribute significantly to Pakistan’s foreign exchange reserves.
SAR to PKR rate today
At the current buying rate, 1,000 Saudi Riyals are equivalent to Rs75,640 in the open market. The consistent performance of the Riyal provides assurance to families relying on remittances, as well as to currency traders operating across Pakistan.
Currency exchange is essential for facilitating global trade, tourism, and investment. For countries like Pakistan, it plays a vital role in determining the strength of the rupee against foreign currencies such as the US dollar, Saudi Riyal, or UAE dirham.
A stronger rupee helps reduce import costs and inflation, while a weaker rupee may improve export competitiveness. Exchange rate trends also carry direct implications for overseas Pakistanis, whose remittances remain a critical source of economic stability.
By monitoring exchange fluctuations, businesses, travelers, and policy makers can better manage costs, plan financial strategies, and ensure macroeconomic balance.
Remittances near $35bln in FY2024–25
The State Bank of Pakistan (SBP) reported that workers' remittances rose by 28.8 percent during the first eleven months of fiscal year 2024–25, totaling $34.9 billion from July 2024 to May 2025.
May 2025 alone witnessed inflows of $3.69 billion, the highest monthly remittance figure of the fiscal year. Saudi Arabia led all countries, with $913.3 million sent by overseas Pakistanis, followed by $754.2 million from the United Arab Emirates (UAE).
