Karachi: The Saudi riyal is moving steadily in the open market as thousands of Pakistani workers in Saudi Arabia are continuing to send remittances back home. Today, the riyal is being bought at Rs 74.90 and being sold at Rs 75.55.
The exchange rate is remaining significant for Pakistani families who depend on monthly remittances from Saudi Arabia. With Umrah travel, employment transfers, and worker remittances continuing, demand for the riyal is staying consistent.
The riyal’s stability is offering some reassurance to households that rely on earnings from the Kingdom for daily expenses and savings.
