Karachi: The Saudi riyal is continuing to hold significance in Pakistan’s open market due to strong labor ties between Pakistan and Saudi Arabia.
Today, the Saudi riyal is being bought at Rs 74.75 and sold at Rs 75.50.
The riyal is remaining crucial for Pakistani workers employed in Saudi Arabia, particularly those working in construction, services, and oil-related sectors. Remittances sent in riyals are playing an essential role in supporting families across Pakistan, especially in rural areas.
The stable movement of the riyal is reflecting steady economic engagement between the two countries and consistent inflows of foreign exchange into Pakistan.
