Karachi: The Saudi Riyal is showing steady performance against the Pakistani rupee today, as remittances from the Kingdom of Saudi Arabia are continuing to play a key role in the country’s economy.
In the open market, the Saudi Riyal (SAR) is being bought at Rs. 74.90 and sold at Rs. 75.35.
Saudi Arabia hosts one of the largest Pakistani workforces, with millions employed in construction, transport, healthcare and services sectors. These workers are regularly sending money home, which is helping families manage rising living expenses.
As Umrah and Hajj travel activities are also continuing, the Riyal remains one of the most demanded currencies in Pakistan.
With steady inflows and consistent exchange activity, the rupee is maintaining a stable trend against the Riyal today.
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