Saudi Riyal to Pakistani Rupee Rate- September 18, 2025

KARACHI, September 18, 2025: The Saudi Riyal (SAR) remained steady at Rs75.04 against the Pakistani Rupee (PKR) in today’s open market, consistent with earlier reports today and significantly lower than the July 28 peak of Rs76.03, according to currency dealers.

SAR to PKR- Daily Updates

The selling rate held at Rs75.61. This stable performance, driven by consistent remittance inflows and market balance, reinforces the Saudi Riyal’s vital role in Pakistan’s economic framework.

Why the Saudi Riyal Drives Pakistan’s Economy

The Saudi Riyal is a cornerstone of Pakistan’s financial stability, fueled by deep 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, per the State Bank of Pakistan. From July 2024 to May 2025, total remittances reached $34.9 billion, a 28.8% increase year-over-year. Today’s rate of Rs75.04 converts 1,000 Saudi Riyals to Rs75,040, unchanged from earlier today, supporting household budgets for essentials like education, healthcare, and daily expenses amid rising costs.

Economic Impact of the Riyal’s Stability

The Saudi Riyal’s steady rate of Rs75.04 delivers both immediate and broader impacts. For households, this consistency sustains remittance purchasing power, helping families navigate rising living costs. Businesses importing oil and petrochemicals from Saudi Arabia benefit from the Riyal’s dollar-pegged reliability, maintaining predictable import costs and supporting Pakistan’s trade balance. On a macroeconomic level, the Riyal’s performance bolsters Pakistan’s foreign exchange reserves, which surpassed $11 billion in October 2024, aiding inflation control and debt management. A weaker Rupee enhances export competitiveness, and this stability aligns with Pakistan’s economic resilience.

Understanding the Saudi Riyal and Pakistani Rupee

The Saudi Riyal (SAR), divided into 100 halala, is Saudi Arabia’s currency, managed by the Saudi Central Bank and pegged to the US dollar for reliability. This stability makes it a trusted medium for remittances and trade, especially for Pakistanis in the Kingdom. The Pakistani Rupee (PKR), symbolized by ₨, has been Pakistan’s currency since 1948, regulated by the State Bank of Pakistan under a managed floating exchange rate. Its value is shaped by inflation, trade flows, and remittance inflows, with the Riyal-PKR rate reflecting market dynamics.

Outlook for the Riyal-PKR Exchange Rate

The Saudi Riyal’s stability at Rs75.04 signals market equilibrium, 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 planning. For millions of Pakistanis, the Riyal’s reliable value remains a financial lifeline, sustaining Pakistan’s economic stability.

Sources: State Bank of Pakistan, Forex Association of Pakistan