The Saudi Riyal (SAR) witnessed a slight decline against the Pakistani Rupee (PKR) in the open market, standing at Rs74.75 on Saturday, April 5, 2025.
The selling rate of the Riyal also recorded a marginal drop, now being sold at Rs75.15.
SAR to PKR rate today - 05 April 2025
This marks a three-paisa decrease from the previous day, signaling minor fluctuations in the foreign exchange market at the start of the weekend.
The Saudi Riyal, officially abbreviated as SAR or SR, is the legal tender of the Kingdom of Saudi Arabia. It is subdivided into 100 halalas. Currency exchange, a routine financial activity in Pakistan’s open market, involves converting one currency, such as the Pakistani Rupee, into another like the US Dollar, UAE Dirham, or Saudi Riyal.
These rates are closely monitored by traders, remitters, and financial institutions, especially in a country like Pakistan where foreign remittances play a pivotal role in economic stability.
Saudi Arabia continues to be one of Pakistan’s most crucial allies—politically, economically, and strategically. The strong bilateral ties between the two nations were recently reaffirmed during a high-level meeting held in Jeddah between Prime Minister Muhammad Shehbaz Sharif and Saudi Crown Prince and Prime Minister Mohammed bin Salman.
The interaction emphasized mutual interest in strengthening defence and security cooperation, along with enhancing economic partnerships.
Meanwhile, remittances from Saudi Arabia remain a lifeline for Pakistan’s economy. Overseas Pakistanis residing in the Kingdom sent home $744.4 million in February 2025 alone.
This represents a 2.21% increase compared to January 2025, and a significant 37.88% surge when measured year-on-year from February 2024, according to data released by the State Bank of Pakistan (SBP). These figures underscore the continued financial support of expatriate workers towards their families and the national economy.
