The following are the latest rates of the Saudi Riyal against the Pakistani Rupee (PKR) on Monday, July 28, 2025. (By forex.com.pk)
Open Market: Buying: Rs. 75.95 Selling: Rs. 76.30
Interbank Market: Buying: Rs. 75.73 Selling: Rs. 75.87
The Saudi riyal to Pakistani rupee exchange rate holds major significance for Pakistan due to remittances from millions of overseas workers in Saudi Arabia.
A stronger riyal increases the value of remittances, supporting Pakistan’s economy, boosting foreign reserves, and helping stabilize the national currency against inflationary pressures.
Currency exchange plays a vital role in the global economy and holds great significance for countries like Pakistan. It involves converting one country’s currency into another, enabling international trade, travel, and investment. For Pakistan, currency exchange helps determine the value of the Pakistani rupee against foreign currencies like the US dollar or the UAE dirham.
Meanwhile, the workers’ remittances from overseas to Pakistan recorded a significant growth of 28.8 percent during fiscal year 2024-25, reaching nearly $37 billion.
