KARACHI, August 25, 2025, 8:37 PM PKT – The Saudi Riyal (SAR) maintained its value at Rs75.13 against the Pakistani Rupee (PKR) in today’s open market, consistent with August 22 and notably lower than Rs76.03 on July 28, currency traders reported.
SAR to PKR- Daily Updates
The selling rate remained at Rs75.70. This steady performance, propelled by ongoing remittance inflows and market balance, highlights the Saudi Riyal’s essential role in Pakistan’s financial framework.
Economic Effects of the Riyal’s Stability
The Saudi Riyal’s consistent rate at Rs75.13 delivers both immediate and long-term impacts. For Pakistani families, the Riyal’s dependable value sustains the purchasing power of remittances, with 1,000 Saudi Riyals converting to Rs75,130, unchanged from August 22, enabling households to meet costs for education, healthcare, and daily necessities despite rising expenses. Companies importing goods like oil and petrochemicals from Saudi Arabia benefit from the Riyal’s dollar-linked reliability, ensuring stable import costs and supporting Pakistan’s trade balance. On a broader scale, the Riyal’s performance strengthens Pakistan’s foreign exchange reserves, which exceeded $11 billion in October 2024, helping manage inflation and external debt. A weaker Rupee can boost export potential, and this stability fosters Pakistan’s economic resilience.
Significance of the Saudi Riyal for Pakistan
The Saudi Riyal is a vital economic anchor for Pakistan, driven by robust ties with Saudi Arabia, where millions of Pakistani workers contribute to sectors like construction, medical services, and hospitality. In May 2025, Saudi Arabia accounted for $913.3 million of Pakistan’s remittance inflows, the largest portion, 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 steady value continues to fuel economic activity and support families across Pakistan.
Overview of the Saudi Riyal and Pakistani Rupee
The Saudi Riyal, split into 100 halala, is Saudi Arabia’s currency, overseen by the Saudi Central Bank and pegged to the US dollar for reliability. This consistency makes it a trusted medium for remittances and trade, especially 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 influenced by inflation, trade flows, and remittance inflows, with the Riyal-PKR rate shaped by market forces.
Future Prospects for the Riyal-PKR Exchange Rate
The Saudi Riyal’s steady rate at Rs75.13 reflects market equilibrium, supported by remittances and trade with Saudi Arabia. Currency traders and economic planners should remain attentive, as even minor fluctuations can affect remittances, import costs, and fiscal strategies. For countless Pakistanis, the Riyal’s reliable value remains a cornerstone of financial security and economic resilience.
Sources: State Bank of Pakistan, Forex Association of Pakistan