KARACHI – The Saudi Rial Exchange Rate registered the benefits against the Pakistani rupee in the open market as SAR was standing at Rs 74.45 on Wednesday, March 5, 2025.
According to Forex.PK, on the third day of the new trading week, the sales rate of rials was also transferred by various exchange companies.
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 74.45 in Pakistan’s open market. Therefore, 1,000 Saudi rials can be exchanged in Pakistani currency for Rs 74,450.
Earlier this week, Saudi Ambassador Nawaf Bin Saeed Ahmad Maliki 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.
