KARACHI – The Saudi Rial Exchange rate did not record any change against the Pakistani rupee in the open market as it stood at Rs 74.51 on Friday, February 21, 2025.
According to the portal, the rate of Real sales was also stable as it was sold for Rs 75.03 by various exchange companies on the fifth day of the new business 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.
From today’s PKR rate
The Saudi Rial Exchange rate is Rs 74.51 in Pakistan’s open market. Therefore, 1,000 Saudi rials can be exchanged in Pakistani currency for Rs 74.510.
Overseas Pakistanis living in Saudi Arabia led $ 728.3 million during January 2025, observing a 5.5 percent reduction on a monthly basis. However, if the same month of 2024 is $ 24 % more than $ 587.4 million sent by Pakistanis from Saudi Arabia.
Pakistan and Saudi Arabia have two brotherhood with various domains. The state is providing financial support to Pakistan in difficult times.
Recently, Pakistan and Saudi Arabia signed a delayed payment agreement to import oil worth $ 1.2 billion for one year.