The Saudi Riyal (SAR) exchange rate experienced a downward trend against the Pakistani Rupee (PKR) in the open market, standing at Rs74.45 on Tuesday, April 8, 2025.
The selling rate of the Riyal also dropped slightly to Rs75.
SAR to PKR Rate Today - April 08, 2025
1 SAR = Rs74.45 (April 8, 2025)
The Riyal, the official currency of Saudi Arabia, is abbreviated as SAR or SR, and is further divided into 100 halalas.
Exchange rates are influenced by a number of factors, including political stability, economic performance, inflation trends, and foreign exchange reserves. These elements collectively determine the strength or weakness of a currency in the open market.
Pakistani expatriates living in Saudi Arabia were once again the top contributors to remittances. In February 2025, they sent $744.4 million, reflecting a 2.21% increase from January and a 37.88% jump compared to February 2024.
As of March 28, 2025, Pakistan’s total liquid foreign reserves stood at $15.58 billion, with the State Bank of Pakistan (SBP) holding $10.68 billion. These reserves are crucial for managing imports, debt repayments, and maintaining market confidence.