KARACHI, August 26, 2025: The Saudi Riyal (SAR) dipped to Rs75.12 against the Pakistani Rupee (PKR) in today’s open market, down slightly from Rs75.13 on August 25 and significantly lower than Rs76.03 on July 28, currency traders reported. The selling rate adjusted to Rs75.69. This marginal decline, driven by market adjustments and sustained remittance inflows, underscores the Saudi Riyal’s vital role in Pakistan’s financial landscape.
SAR to PKR- Daily Updates
Economic Effects of the Riyal’s Decline
The Saudi Riyal’s decrease to Rs75.12 has both immediate and broader impacts. For Pakistani families, the Riyal’s still-dependable value supports remittance purchasing power, with 1,000 Saudi Riyals converting to Rs75,120, down from Rs75,130 yesterday, slightly reducing funds for essentials like education, healthcare, and daily necessities amid rising costs. Companies importing goods, such as oil and petrochemicals from Saudi Arabia, benefit from the Riyal’s dollar-linked stability, and this decline eases import costs, offering relief to Pakistan’s trade balance. On a broader scale, the Riyal’s performance continues to strengthen Pakistan’s foreign exchange reserves, which exceeded $11 billion in October 2024, helping manage inflation and external debt. A weaker Rupee boosts export potential, and this adjustment supports Pakistan’s economic resilience.
Significance of the Saudi Riyal for Pakistan
The Saudi Riyal is a critical economic pillar for Pakistan, fueled by deep ties with Saudi Arabia, where millions of Pakistani workers contribute to industries like construction, medical services, and hospitality. In May 2025, Saudi Arabia accounted for $913.3 million of Pakistan’s remittance inflows, the largest share, according to the State Bank of Pakistan. From July 2024 to May 2025, total remittances reached $34.9 billion, a 28.8% increase from the previous fiscal year. The Riyal’s reliable value continues to drive economic activity and support households across Pakistan.
Overview of the Saudi Riyal and Pakistani Rupee
The Saudi Riyal, divided into 100 halala, is Saudi Arabia’s currency, overseen by the Saudi Central Bank and pegged to the US dollar for consistency. This reliability makes it a trusted medium for remittances and trade, particularly for Pakistanis in the Kingdom. The Pakistani Rupee, denoted by ₨, has been Pakistan’s currency since 1948, managed by the State Bank of Pakistan under a flexible exchange rate system. Its value is shaped by inflation, trade flows, and remittance inflows, with the Riyal-PKR rate reflecting market forces.
Future Prospects for the Riyal-PKR Exchange Rate
The Saudi Riyal’s slight decline to Rs75.12 reflects ongoing market adjustments, supported by remittances and trade with Saudi Arabia. Currency traders and economic planners should stay attentive, as even small fluctuations can impact remittances, import costs, and fiscal strategies. For countless Pakistanis, the Riyal’s steady value remains a cornerstone of financial security and economic resilience.
Sources: State Bank of Pakistan, Forex Association of Pakistan