Saudi Riyal Rate is Holding Steady in Open Market

Karachi: The Saudi Riyal is being traded at Rs. 75.55 for buying and Rs. 76.2 for selling in Pakistan’s open market. The Riyal is maintaining its firm ground as Pakistani workers in Saudi Arabia continue to send significant remittances back home every month.
With Hajj and Umrah seasons approaching, the demand for Saudi currency is gradually staying stable, showing balanced activity between pilgrims and remittance inflows