KARACHI – The Saudi Rial Exchange rate fell against the Pakistani rupee in the open market as 1 SAR was standing at Rs 74.3 on Tuesday, March 4, 2025.
According to Forex.PK, the sales rate of the rial also fell as it is being sold for Rs 74.58 by various exchange companies on the second day of the new trading week.
Real is the official currency of Saudi Arabia’s kingdom and has been allocated as SAR, or SR. One rial is divided into 100 halals.
The latest rate from PKR from today
The Saudi Rial Exchange rate is Rs 74.3 in Pakistan’s open market. Therefore, 1,000 Saudi rials in Pakistani currency can be exchanged at Rs 74,300.
The day ago, Saudi Ambassador Nawaf bin Saeed Ahmad al -Makli demanded Deputy Prime Minister Ishaq Dar in Islamabad.
The two expressed their commitment to further strengthen the relations between the two countries, especially in the fields of trade and investment.
Meanwhile, Saudi Arabia lives in a significant number of Pakistani spending, where he is busy with jobs and businesses. He sent important remittances to the country every month, which plays a key role in the country’s foreign currency reserves.
Saudi Arabia -based overseas Pakistanis sent $ 728.3 million in the context of remittances during January 2025, which is 5.5 percent on a monthly basis.
However, remittances are 24 % higher than $ 587.4 million sent by Saudi Arabia’s immigrants from Saudi Arabia last year.
