The Saudi Riyal (SAR) extended its gains against the Pakistani Rupee (PKR) in the open market on Wednesday, May 21, 2025, marking the third consecutive day of appreciation.
According to the Forex Association of Pakistan, the buying rate of 1 SAR climbed to Rs75.14, while the selling rate rose to Rs75.69, reflecting a modest increase of two paisas from the previous session.
Saudi Riyal to PKR Rate Today in Open Market
-
Buying rate: 1 SAR = Rs75.14
-
Selling rate: 1 SAR = Rs75.69
The Riyal, officially abbreviated as SAR or SR, is the national currency of the Kingdom of Saudi Arabia, and each Riyal is subdivided into 100 halalas.
The Riyal, the official currency of the Kingdom of Saudi Arabia, is abbreviated as SAR or SR and is subdivided into 100 halalas. Currency exchange involves the conversion of one currency into another, such as converting Pakistani Rupees into US Dollars, UAE Dirhams, or other international currencies.
Pakistan and Saudi Arabia continue to strengthen their deep-rooted bilateral ties, reaffirming their commitment to enhancing cooperation in defence and security.
This commitment was reiterated during a meeting in Jeddah between Prime Minister Muhammad Shehbaz Sharif and Saudi Crown Prince and Prime Minister Mohammed bin Salman.
Accompanying the prime minister were Deputy Prime Minister and Foreign Minister Senator Ishaq Dar, Chief of Army Staff General Syed Asim Munir, and Punjab Chief Minister Maryam Nawaz.
The meeting emphasized expanding collaboration in various sectors, underscoring the strategic importance of the Pakistan-Saudi partnership.
Overseas Pakistanis living in Saudi Arabia sent the largest amount in remittances in February 2025, contributing $744.4 million. This marked a 2.21% increase on a monthly basis and a 37.88% rise compared to the same period last year.
