Karachi: The Saudi Riyal is currently trading at PKR 74.8 for buying and PKR 75.45 for selling. Pakistani workers in Saudi Arabia are continuously sending remittances back home, which is keeping the currency actively circulating in Pakistan’s economy.
The inflow of funds from these workers is helping families in Pakistan meet their daily needs and contributing to the stability of the PKR against the SAR.
Analysts are watching trends as seasonal fluctuations and work permits are affecting the transfer flow.
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