The exchange rate of the Saudi Riyal (SAR) remained unchanged against the Pakistani Rupee (PKR) in the open market on Monday, with the buying rate steady at Rs75.64 and the selling rate holding firm at Rs76.21.
The stability in rates follows minor fluctuations last week and reflects consistent remittance activity, particularly from the Kingdom of Saudi Arabia, where a large number of Pakistani expatriates reside.
The SAR to PKR rate continues to be among the most tracked currency exchanges in Pakistan due to its direct impact on household incomes reliant on foreign remittances.
SAR to PKR rate today
At the prevailing buying rate, 1,000 Saudi Riyals were equivalent to Rs75,640 in the open market. Currency dealers across major cities reported stable trading volumes, with demand largely driven by remittance-related transactions and post-Hajj travel activity.
Currency exchange and economic importance
Currency exchange remains a critical mechanism in the global economy, enabling international trade, tourism, and investment. In Pakistan’s context, exchange rate movements help determine the relative strength of the rupee against major foreign currencies such as the US dollar, UAE dirham, and Saudi Riyal.
A stable or stronger rupee generally reduces the cost of imports and helps lower inflation, while a weaker rupee may provide a competitive advantage to exporters. For overseas Pakistanis sending money home, even minor changes in the exchange rate can influence household budgets and remittance values.
