The Saudi Riyal held its ground on April 15, 2026, reflecting the robust strategic partnership between Islamabad and Riyadh. The interbank market registered the Riyal at a buying rate of Rs. 74.32 and a selling rate of Rs. 74.46. The open market showed a marginal premium, with buying at Rs. 74.65 and selling at Rs. 75.55.
This stability followed the high-profile diplomatic engagements that secured long-term financial commitments from the Kingdom. The Riyal’s steady rate was crucial for the thousands of Pakistanis performing pilgrimage and for the millions of workers sending money home.
Economically, the SAR-PKR parity is a cornerstone of Pakistan’s energy security, as much of the country’s oil credit facilities are priced in relation to the Saudi currency, helping to mitigate the impact of global energy price volatility on the local consumer.
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