Saudi Riyal to PKR exchange rate

News Image

By MG News | Category Economy | June 04, 2025 at 10:28 AM GMT+05:00

0:00

June 04, 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] remain unchanged in today’s session.

SAR was qouted at 75.10 for buying and 75.85 for selling. AED followed suit, with a buying rate of PKR 76.80 and a selling rate of PKR 77.55.

Similarly, QAR held its ground, bought at PKR 75.25 and sold at PKR 76.25.

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 April 2025, remittances from the Middle East played a dominant role in supporting Pakistan’s economy, accounting for approximately 53% of total inflows.

Saudi Arabia retained its position as the top contributor, with remittances soaring to $725.43m with an impressive 23% increase year-on-year.

Following closely, UAE emerged as the second-largest source as it sent $657.6m, with a 21% jump compared to the same period last year.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 121,641.00
407.56M
-0.13%
-157.87
ALLSHR 75,951.71
854.04M
-0.10%
-76.82
KSE30 36,827.89
67.82M
-0.42%
-156.03
KMI30 181,199.42
117.76M
-0.38%
-696.40
KMIALLSHR 52,088.08
592.55M
-0.27%
-143.41
BKTi 29,808.04
22.21M
-0.83%
-249.97
OGTi 27,075.99
4.68M
-0.75%
-203.95
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 104,175.00 104,250.00
101,390.00
1960.00
1.92%
BRENT CRUDE 65.04 65.31
64.80
-0.30
-0.46%
RICHARDS BAY COAL MONTHLY 90.00 90.75
90.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 101.90 101.90
101.00
1.35
1.34%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 63.00 63.34
62.82
-0.37
-0.58%
SUGAR #11 WORLD 16.53 16.59
16.47
-0.04
-0.24%

Chart of the Day


Latest News
June 05, 2025 at 10:09 PM GMT+05:00

Trump, Xi speak on trade, agree to ongoing talks


June 05, 2025 at 09:29 PM GMT+05:00

SBP revises regulations to support SMEs



Top 5 things to watch in this week

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