Forex

Saudi Riyal Maintains Stability as Travel Season Nears End

Lahore: The Saudi Riyal (SAR) is exhibiting remarkable stability in Pakistan’s open market today, reflecting a calm trading environment. Currency dealers reported no significant fluctuations during morning trading hours, a trend largely attributed to consistent remittance inflows from Saudi Arabia.

As of Friday, July 11, 2025, the Saudi Riyal’s exchange rates in the open market are

  • Buying Rate: Rs. 76.45
  • Selling Rate: Rs. 76.80

This steady performance comes as the peak travel season, particularly for Hajj and Umrah pilgrims, begins to wind down. The sustained flow of remittances from Pakistani expatriates residing in Saudi Arabia continues to provide a strong underpinning for the riyal’s value against the Pakistani rupee (PKR).

Market experts anticipate that the Saudi Riyal will likely remain within its current narrow trading band in the coming days. The absence of major economic shocks or policy changes, coupled with predictable remittance patterns, suggests a continued period of calm for the SAR/PKR pair.

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