Karachi: The Saudi riyal is maintaining a firm position in Pakistan’s open market, which is bringing reassurance to thousands of Pakistani workers living in Saudi Arabia. The riyal is being bought at Rs 74.75, while the selling rate is reaching Rs 75.50.
Families dependent on monthly remittances from Saudi Arabia are closely following the rate, as the riyal’s strength is supporting household budgets back home. Workers are continuing to send funds for daily expenses, education, and savings, making the riyal one of the most followed currencies in Pakistan.
The ongoing stability of SAR is reflecting consistent economic activity between Pakistan and Saudi Arabia, especially in labor and religious travel sectors.
