The exchange rate of the Saudi Riyal (SAR) against the Pakistani Rupee (PKR) was recorded at Rs74.56 in the open market on Thursday, February 27, 2025.
The selling rate of the Riyal dropped as it is being sold for Rs75.08.
The Saudi riyal is the official currency of Saudi Arabia. It is abbreviated as SAR, or SR. One Riyal is subdivided into 100 halalas.
The partnership between Pakistan and Saudi Arabia is marked by a long-established and mutually beneficial alliance, underscored by considerable financial assistance from the kingdom.
Recently, Saudi Arabia also extended a $3 billion deposit placed with Pakistan for another year to continue bolstering the economy of the South Asian country.
Each year, millions of Pakistani expatriates working in Saudi Arabia send substantial portions of their earnings back to Pakistan.
