The Saudi Riyal (SAR) recorded a slight decline against the Pakistani Rupee (PKR) in the open market, settling at Rs74.70 on Tuesday, March 18, 2025.
The selling rate also weakened, with exchange companies offering 1 SAR for Rs75.10, according to the Forex Association of Pakistan.
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, and one Riyal is divided into 100 halalas.
Pakistan-Saudi Arabia relations
Pakistan and Saudi Arabia share a multifaceted partnership and historic relations, with the Arab nation consistently supporting Pakistan in times of need.
Pakistan received $3.1 billion in remittances from overseas workers in February 2025, marking a 3.8% increase compared to January 2025, according to the State Bank of Pakistan (SBP).
On a yearly basis, remittances surged 38.6%, compared to $2.25 billion in February 2024.
