KARACHI, July 14, 2025 – The Saudi Riyal (SAR) maintained its value at Rs75.82 against the Pakistani Rupee (PKR) in today’s open market, unchanged from July 12 but up from Rs75.79 on July 8 and last week’s closing rate of Rs75.69, according to currency exchange reports.
1 SAR= 75.82 PKR
The selling rate settled at Rs76.39. Fueled by steady remittances and seasonal market trends, this stability underscores the Saudi Riyal’s critical role in Pakistan’s economy.
Why the Saudi Riyal Is Vital for Pakistan’s Economy
The Saudi Riyal is a cornerstone for millions of Pakistanis due to strong economic ties with Saudi Arabia. The Kingdom hosts a large Pakistani workforce in industries like construction, healthcare, and services, driving significant remittance inflows. In May 2025, Saudi Arabia contributed $913.3 million to Pakistan’s remittances, the highest among all countries, per the State Bank of Pakistan. From July 2024 to May 2025, total remittances reached $34.9 billion, a 28.8% jump from the previous fiscal year. At today’s exchange rate of Rs75.82, converting 1,000 Saudi Riyals yields Rs75,820, empowering families to cover essential costs like education, healthcare, and daily expenses.
Economic Impact of the Saudi Riyal’s Stability
The Saudi Riyal’s steady rate at Rs75.82 brings both immediate and long-term effects. For Pakistani households, a stable Riyal enhances remittance value, boosting purchasing power amid rising inflation. Businesses importing goods, such as oil and petrochemicals from Saudi Arabia, benefit from predictable costs due to the Riyal’s dollar peg, though a stronger Riyal may slightly increase import expenses, impacting Pakistan’s trade balance. On a macroeconomic level, the Riyal’s stability supports Pakistan’s foreign exchange reserves, which crossed $11 billion in October 2024, helping manage inflation and external debt. While a weaker Rupee can improve export competitiveness, the current equilibrium strengthens Pakistan’s economic resilience.
Understanding the Saudi Riyal and Pakistani Rupee
The Saudi Riyal (SAR), divided into 100 halala, is Saudi Arabia’s official currency, managed by the Saudi Central Bank and pegged to the US dollar for consistent value. This stability makes it a reliable choice for remittances and global trade, especially for Pakistanis in Saudi Arabia. The Pakistani Rupee (PKR), symbolized by ₨, has been Pakistan’s currency since 1948, governed by the State Bank of Pakistan under a managed floating exchange rate. Its value is influenced by inflation, trade dynamics, and remittance inflows, with the Riyal-PKR rate reflecting market supply and demand.
Outlook for the Saudi Riyal-PKR Exchange Rate
The Saudi Riyal’s steady performance at Rs75.82 signals sustained market confidence, driven by remittances and trade with Saudi Arabia. Currency traders and policymakers should monitor these trends, as even minor shifts can affect remittances, import costs, and economic strategies. For Pakistanis at home and abroad, the Riyal’s reliable value remains a lifeline, reinforcing its role in sustaining financial stability and economic growth.
Sources: State Bank of Pakistan, Forex Association of Pakistan
 is Saudi Arabia’s official currency. Pakistani Rupee (PKR) is governed by the State Bank of Pakistan){kind=link}