Saudi Riyal available at PKR 76.3 in open market

News Image

MG News | June 20, 2025 at 12:55 PM GMT+05:00

0:00

June 20, 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] remained unchanged in today’s session.

SAR was qouted at 75.50 for buying and 76.30 for selling. AED followed suit, with a buying rate of PKR 77.15 and a selling rate of PKR 78.05.

Similarly, QAR held its ground, bought at PKR 76.50 and sold at PKR 77.50.

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, 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 172,400.73
346.40M
0.92%
1570.51
ALLSHR 103,483.96
796.97M
0.55%
561.58
KSE30 52,734.06
184.56M
1.08%
564.57
KMI30 245,565.33
110.97M
1.07%
2605.02
KMIALLSHR 67,233.70
319.67M
0.68%
453.28
BKTi 47,898.10
95.85M
0.98%
462.51
OGTi 33,838.49
13.78M
1.39%
464.88
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 87,825.00 0.00
0.00
-135.00
-0.15%
BRENT CRUDE 60.80 62.67
60.56
-1.44
-2.31%
RICHARDS BAY COAL MONTHLY 87.50 0.00
0.00
1.05
1.21%
ROTTERDAM COAL MONTHLY 94.50 0.00
0.00
-0.70
-0.74%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 56.93 0.00
0.00
0.19
0.33%
SUGAR #11 WORLD 15.17 15.28
15.08
-0.12
-0.78%

Chart of the Day


Latest News
December 28, 2025 at 01:30 AM GMT+05:00

Weekly Market Roundup


December 27, 2025 at 04:08 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


December 27, 2025 at 03:10 PM GMT+05:00

Money supply reaches over Rs45tr as of November


December 27, 2025 at 03:09 PM GMT+05:00

SBP reserves rise $16bn in a week


December 27, 2025 at 02:38 PM GMT+05:00

SBP rolls out new climate stress testing guidelines



Top 5 things to watch in this week

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