KARACHI, August 12, 2025: The Saudi Riyal (SAR) climbed to Rs75.68 against the Pakistani Rupee (PKR) in today’s open market, up from Rs75.28 on August 11 and slightly higher than Rs75.30 on August 6, currency traders reported.
The selling rate rose to Rs76.25. This upward shift, driven by steady remittance inflows and market dynamics, underscores the Saudi Riyal’s critical role in Pakistan’s financial ecosystem.
SAR to PKR- Daily Updates
Economic Impacts of the Riyal’s Rise
The Saudi Riyal’s increase to Rs75.68 has immediate and broader implications. For Pakistani households, the stronger Riyal boosts remittance purchasing power, with 1,000 Saudi Riyals converting to Rs75,680, up from Rs75,280 on August 11, supporting essentials like education, healthcare, and daily expenses amid rising costs. Businesses importing goods, such as oil and petrochemicals from Saudi Arabia, benefit from the Riyal’s dollar-pegged reliability, though the higher rate may slightly elevate import costs, impacting Pakistan’s trade balance. On a macroeconomic level, the Riyal’s performance supports Pakistan’s foreign exchange reserves, which surpassed $11 billion in October 2024, aiding inflation control and debt management. While a weaker Rupee can enhance export competitiveness, this uptick reinforces Pakistan’s economic resilience.
Why the Saudi Riyal Is Vital for Pakistan
The Saudi Riyal remains a cornerstone of Pakistan’s economy, fueled by strong ties with Saudi Arabia, where millions of Pakistani workers contribute to sectors like construction, healthcare, and services. 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 dependable value continues to drive economic activity and support families across Pakistan.
Overview of the Saudi Riyal and Pakistani Rupee
The Saudi Riyal, divided into 100 halala, is Saudi Arabia’s currency, managed by the Saudi Central Bank and tied 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, symbolized by ₨, has been Pakistan’s currency since 1948, overseen by the State Bank of Pakistan under a managed floating exchange rate system. Its value is shaped by inflation, trade flows, and remittance inflows, with the Riyal-PKR rate reflecting market dynamics.
Currency Rates in Pakistan Today – August 12, 2025
Outlook for the Riyal-PKR Exchange Rate
The Saudi Riyal’s rise to Rs75.68 signals renewed market strength, supported by remittances and trade with Saudi Arabia. Traders and policymakers should remain vigilant, as even small shifts can impact remittances, import costs, and economic strategies. For millions of Pakistanis, the Riyal’s steady value remains a financial lifeline, reinforcing its role in sustaining Pakistan’s economic stability.
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