Karachi: The open market rate for the Saudi Riyal (SAR) is currently Rs 75.05 for buying and Rs 75.50 for selling in Pakistan.
This performance is particularly relevant for the millions of Pakistani workers employed in Saudi Arabia, who are routinely sending remittances home. With the SAR-PKR rate remaining strong, their remittances are converting into a healthy exchange value, which benefits households across Pakistan.
The favorable rate is helping workers’ families cover living costs, education, and savings. Meanwhile, businesses importing goods from Saudi Arabia are watching the rate closely to optimize their financial planning.
