KARACHI, August 11, 2025: The Saudi Riyal (SAR) maintained its position at Rs75.28 against the Pakistani Rupee (PKR) in today’s open market trading, matching August 8 levels and down from Rs75.30 on August 6, forex dealers confirmed.
SAR to PKR- Daily Updates
The selling rate stayed at Rs75.85. This consistency, despite market fluctuations and steady remittance flows, highlights the Saudi Riyal’s continued significance in Pakistan’s monetary ecosystem.
Financial Impact of Riyal Exchange Rate Stability
The Saudi Riyal’s consistent rate at Rs75.28 carries immediate and long-term consequences. For Pakistani families, the Riyal’s dependable value preserves remittance buying power, with 1,000 Saudi Riyals equaling Rs75,280, matching August 8 figures, supporting necessities like schooling, medical care, and living expenses amid increasing prices. Companies importing products, including petroleum and chemicals from Saudi Arabia, gain from the Riyal’s dollar-linked stability, ensuring predictable procurement costs and providing certainty to Pakistan’s commerce equilibrium. Economically, the Riyal’s strength continues supporting Pakistan’s foreign currency reserves, which exceeded $11 billion in October 2024, helping control inflation and manage obligations. A softer Rupee can boost export attractiveness, and this steadiness strengthens Pakistan’s financial durability.
Saudi Riyal’s Strategic Importance for Pakistan’s Economy
The Saudi Riyal stays central to Pakistan’s financial framework, fueled by robust connections with Saudi Arabia, where countless Pakistani laborers serve industries including construction, medical services, and hospitality. In May 2025, Saudi Arabia provided $913.3 million of Pakistan’s remittance receipts, the highest portion, per State Bank of Pakistan data. From July 2024 through May 2025, aggregate remittances totaled $34.9 billion, representing 28.8% growth from the prior fiscal period. The Riyal’s consistent worth continues driving economic momentum and assisting households nationwide.
Saudi Riyal and Pakistani Rupee Currency Fundamentals
The Saudi Riyal, subdivided into 100 halala, serves as Saudi Arabia’s official currency, administered by the Saudi Central Bank and pegged to the US dollar for stability. This dependability establishes it as a reliable vehicle for remittances and commerce, especially for Pakistanis working in the Kingdom. The Pakistani Rupee, represented by ₨, has functioned as Pakistan’s currency since 1948, supervised by the State Bank of Pakistan through a managed floating rate mechanism. Its worth fluctuates based on inflation, commercial flows, and remittance volumes, with the Riyal-PKR rate indicating market conditions.
Future Prospects for Riyal-PKR Currency Pair
The Saudi Riyal’s steadiness at Rs75.28 indicates market balance, backed by remittances and bilateral trade with Saudi Arabia. Market participants and authorities should remain watchful, as minor movements can affect remittances, import expenses, and fiscal policies. For countless Pakistanis, the Riyal’s stable worth continues serving as a financial anchor, strengthening its position in maintaining Pakistan’s economic steadiness.
Sources: State Bank of Pakistan, Forex Association of Pakistan