The selling rate remained firm at Rs75.52, reflecting balanced market dynamics and steady remittance inflows that highlight the Saudi Riyal’s crucial role in Pakistan’s economy.
SAR to PKR — Daily Updates
For millions of Pakistani families, the Saudi Riyal serves as a financial lifeline. Workers in Saudi Arabia’s construction, healthcare, and hospitality sectors send home vital remittances. The State Bank of Pakistan reported $913.3 million in remittances from Saudi Arabia in May 2025 — the largest share of total inflows. Between July 2024 and May 2025, total remittances reached $34.9 billion, marking a 28.8% year-over-year increase.
Today’s rate of Rs74.95 converts 1,000 Saudi Riyals to Rs74,950, unchanged from yesterday. This stability helps families manage daily expenses, education, and healthcare amid rising costs.
Economic Impact
The Riyal’s steady value supports both households and businesses. For families, it sustains remittance power amid inflation. For importers of oil and petrochemicals, its dollar-pegged reliability ensures predictable costs, strengthening Pakistan’s trade position. On a national scale, the Riyal’s consistency supports foreign reserves, which surpassed $11 billion in October 2024, aiding debt management and inflation control.
Riyal and Rupee — An Overview
The Saudi Riyal (SAR), divided into 100 halala, is issued by the Saudi Central Bank and pegged to the U.S. dollar. This peg guarantees reliability for remittances and trade, particularly for Pakistani workers in the Kingdom. The Pakistani Rupee (PKR), introduced in 1948, operates under a managed floating exchange rate governed by the State Bank of Pakistan. Its value depends on inflation, trade balance, and remittance inflows.
Outlook
The Riyal’s steady rate of Rs74.95 signifies market equilibrium supported by strong remittances and trade links. Economists caution that even slight fluctuations can influence household budgets and import costs. For millions of Pakistanis, the Saudi Riyal remains a dependable anchor in times of global financial uncertainty.
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