The Saudi Riyal strengthened against the Pakistani rupee in the open market on Thursday.
According to the latest currency update, the buying rate of the Saudi Riyal (SAR) stood at Rs75.55, while the selling rate hovered at Rs76.20 in the open market on 23 October 2025.
The SAR to PKR exchange rate continues to play a key role for Pakistan’s economy, particularly for overseas workers in Saudi Arabia who send home the highest share of foreign remittances.
Impact on remittance recipients
A stronger Riyal benefits Pakistani families receiving money from Saudi Arabia, as it enhances their purchasing power against the local currency. These remittances are a critical source of foreign exchange for Pakistan, helping to support the country’s balance of payments and domestic consumption.
At the current rate of Rs75.55, 500 Saudi Riyals can be exchanged for approximately Rs37,775 in Pakistan’s open market. Currency exchange can be conducted at registered banks and licensed money exchangers nationwide.
