Karachi – The Saudi Riyal ended the day’s session showing high liquidity and stable demand. The interbank market closed with the Riyal at a buying rate of Rs. 74.35 and a selling rate of Rs. 74.48, while the open market wrapped up at Rs. 74.50 for buying and Rs. 75.70 for selling.
As the day ends, these figures are critical for calculating the next day’s landed cost of petroleum products. The stability seen today helps the government in managing the fuel price adjustments that impact the entire transport and agriculture chain. Furthermore, the strong closing value of the Riyal ensures that the hard-earned money sent home by Pakistani workers in Saudi Arabia retains its maximum value for their families.
