Saudi Riyal available at PKR 75.8 in open market

News Image

MG News | August 07, 2025 at 11:08 AM GMT+05:00

0:00

August 07, 2025 (MLN): The Saudi Riyal to PKR open market rate showed minor movement as of 10 AM PST today, reflecting a stable trend in currency trading.

The SAR to PKR today in Pakistan was quoted at PKR 75.55 for buying and PKR 75.80 for selling. The open market SAR rate in Pakistan remained steady alongside other Gulf currencies.

The Saudi Riyal exchange rate in Pakistan (August 2025) moved in line with the UAE Dirham (AED), which was trading at PKR 77.30 (buying) and PKR 77.60 (selling), and the Qatari Riyal (QAR), quoted at PKR 76.80 (buying) and PKR 77.80 (selling).

 

Exchange rate stability portrays a steady economic environment, boosting the confidence of those engaged in cross-border trade and investment.

Change is on Ask price

Since a significant portion of the Pakistani diaspora resides in Middle Eastern countries, the exchange rates of PKR against AED and SAR are closely monitored for remittances and business transactions.

The Middle East region has been serving as the primary source of energy imports and foreign remittances.

The Pakistani diaspora, which has around 11.5 million (as of November 2024) in the Middle East, represents the entire spectrum of Pakistani society, from business leaders, entrepreneurs, and white and blue-collar workers to bankers and chartered accountants.

In June 2025, remittances from the Middle East played a dominant role in supporting Pakistan’s economy, accounting for approximately 51% of total inflows.

Saudi Arabia retained its position as the top contributor, with remittances soaring to $832.17m with an impressive 24% increase year-on-year.

Following closely, UAE emerged as the second-largest source as it sent $717.2m.


Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 148,617.78
624.60M
0.86%
1274.27
ALLSHR 91,685.08
1,340.28M
0.74%
669.39
KSE30 45,247.79
197.43M
0.83%
370.74
KMI30 212,370.79
224.51M
1.05%
2209.48
KMIALLSHR 61,227.89
711.87M
1.18%
715.56
BKTi 41,264.02
160.39M
0.54%
221.73
OGTi 30,019.10
23.63M
0.64%
190.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,265.00 113,390.00
108,020.00
-4475.00
-3.97%
BRENT CRUDE 67.46 67.94
67.29
-0.52
-0.76%
RICHARDS BAY COAL MONTHLY 88.70 88.70
88.70
-0.75
-0.84%
ROTTERDAM COAL MONTHLY 96.15 96.75
96.00
-0.40
-0.41%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.01 64.55
63.88
-0.59
-0.91%
SUGAR #11 WORLD 16.34 16.52
16.33
-0.14
-0.85%

Chart of the Day


Latest News
August 30, 2025 at 04:28 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 29, 2025 at 06:04 PM GMT+05:00

SCRA inflows offset Rs8.5bn net selling


August 29, 2025 at 05:46 PM GMT+05:00

SECP cuts bonus, right issue timelines



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg