KARACHI: The Saudi Riyal is trading at Rs. 75.40 for buying and Rs. 76.40 for selling in the open market.
With millions of Pakistanis working in Saudi Arabia, the Riyal holds great importance for Pakistan’s remittance inflows.
Remittances are one of the largest sources of foreign reserves for the country, and changes in the Riyal rate have a direct impact on families relying on money sent from overseas.
