Saudi Riyal available at PKR 76.25 in open market

News Image

MG News | June 18, 2025 at 10:32 AM GMT+05:00

June 18, 2025 (MLN): The current exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) against the Pakistani Rupee (PKR) as of [10 am PST] showed minor movements in today’s session, maintaining a largely stable trend.

SAR was qouted at 75.30 for buying and 76.25 for selling. AED followed suit, with a buying rate of PKR 77.00 and a selling rate of PKR 78.00.

Similarly, QAR held its ground, bought at PKR 76.25 and sold at PKR 77.25.

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 May 2025, remittances from the Middle East played a dominant role in supporting Pakistan’s economy, accounting for approximately 55% of total inflows.

Saudi Arabia retained its position as the top contributor, with remittances soaring to $913.95m with an impressive 25% increase year-on-year.

Following closely, the UAE emerged as the second-largest source, as it sent $735.03m, with a 20% jump compared to the same period last year.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 168,865.04
261.33M
-1.79%
-3078.56
ALLSHR 102,295.04
623.57M
-1.94%
-2026.36
KSE30 50,247.11
77.48M
-1.81%
-925.02
KMI30 239,393.54
89.44M
-2.13%
-5220.44
KMIALLSHR 66,134.61
401.13M
-2.11%
-1423.05
BKTi 47,147.62
27.12M
-1.68%
-806.08
OGTi 34,242.17
7.09M
-2.08%
-726.14
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,765.00 77,445.00
76,555.00
-495.00
-0.64%
BRENT CRUDE 108.29 109.97
107.21
0.66
0.61%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
2.10
1.64%
ROTTERDAM COAL MONTHLY 140.00 0.00
0.00
0.15
0.11%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 103.10 104.46
102.16
0.62
0.61%
SUGAR #11 WORLD 18.76 18.88
18.24
0.36
1.96%

Chart of the Day


Latest News
September 11, 2026 at 06:30 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


September 10, 2026 at 11:29 PM GMT+05:00

Pakistan, Rwanda set to deepen trade, investment ties


September 10, 2026 at 11:14 PM GMT+05:00

Fuel prices rise again: diesel up Rs5.37, petrol Rs3.05


September 10, 2026 at 10:18 PM GMT+05:00

KPRA introduces ‘Sahulat’ app for digital sales tax services


September 10, 2026 at 10:02 PM GMT+05:00

SBP reserves rise $1.2bn to $18.33bn



Top 5 things to watch in this week

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