From today, from the PKR – the latest exchange rate of the Saudi rial in the Pakistani open market has not changed as it stood at Rs 7474.757575 on Monday, April 7, 2025.
According to the Forex Association of Pakistan, on the first day of the new business week, the sales rate of the rial is also changing as it is being sold for Rs 75.15.
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.
Many factors like political and economic conditions, and foreign exchange reserves play a key role in the exchange rate.
1 SAR = RSS74.75
Pakistan and Saudi Arabia enjoy long -standing brotherhood relations. The two sides have recently renewed their commitment to raise their bilateral partnership and strengthen defense and security cooperation.
The commitment was reaffirmed during a meeting in Jeddah of Prime Minister Muhammad Shahbaz Sharif and Saudi Wali Prince and Prime Minister Muhammad bin Salman.
The Prime Minister was accompanied by Deputy Prime Minister and Foreign Minister Senator Ishaq Dar, Army Staff Chief General Syed Asim Munir, and Chief Minister Maryam Nawaz.
Meanwhile, Saudi -based overseas Pakistanis sent the largest amount in February 2025 as they sent $ 744.4 million during the period, which was 2.21 percent on a monthly basis and 37.88 percent on an annual basis.
In addition, Pakistan’s total liquid foreign reserves stood at $ 15,579.7 million, while the State Bank of Pakistan had reserves $ 10,676.3 million in the week ended March 28, 2025.
Prime Minister Shahbaz has arrived in Saudi Arabia to find new ways to cooperate with Pak-KS