On June 30, 2025, the Saudi Riyal (SAR) maintained its stability against the Pakistani Rupee (PKR) in the open market:
Buying Rate: Rs75.64 Selling Rate: Rs76.21
The Saudi Riyal, the official currency of Saudi Arabia, is subdivided into 100 halalas and is pegged to the US dollar, ensuring consistent valuation.
Managed by the Saudi Central Bank, the Riyal’s stability plays a crucial role in fostering international trade and supporting the substantial Pakistani workforce in Saudi Arabia.
The Pakistani Rupee (₨), regulated by the State Bank of Pakistan, operates under a managed floating system. Its value is influenced by economic factors such as inflation, trade deficits, and foreign remittances.
As Pakistan’s economic landscape evolves, the PKR’s performance against currencies like the Riyal reflects broader market trends and remittance flows.
Given the strong economic and social ties between Pakistan and Saudi Arabia, the stability of the Saudi Riyal remains vital for Pakistan’s economy, especially considering the significant remittances sent by Pakistani workers in Saudi Arabia
