The buying rate of Saudi Riyal (SAR) is being traded at Rs75.59 against the Pakistani rupee in the open market on Friday, after 1 SAR moved up by two paisa in the open market.
The selling rate of the Saudi Riyal also increased accordingly and settled at Rs 76.14.
Saudi Riyal to Pakistani Rupee exchange rate also remains in top searches as a huge number of overseas Pakistanis reside in the Kingdom, contributing to foreign exchange reserves.
As the SAR buying rate stood at Rs75.59, an individual can get Rs37,785 after converting 500 Saudi Riyals in the open market.
Meanwhile, the workers’ remittances from overseas to Pakistan recorded a significant growth of 28.8 percent during the eleven months of fiscal year 2024-25, reaching nearly $35 billion. During the period from July 2024 to May 2025, monthly inflows in May increased to $ 3.69 billion.
“Cumulatively, with an inflow of US$ 34.9 billion, workers’ remittances increased by 28.8 percent during Jul-May FY25 compared to US$ 27.1 billion received during Jul-May FY24,” the State Bank of Pakistan reported on Wednesday.
Pakistanis living in Saudi Arabia topped the chart as they sent $913.3 million in wake of remittances in May 2025, followed by $754.2 million from the UAE.
![Local residents at the Swat River, which is overflowing due to pre-monsoon heavy rains in the area on the outskirts of Mingora, the main town of Pakistan's Swat Valley [Sherin Zada/AP]](https://mmnews.tv/wp-content/uploads/2025/06/Flooding-in-Swat-river-120x86.jpg)
