Saudi Riyal to PKR Today Reaches Rs74.71

The exchange rate of Saudi Riyal to Pakistani Rupee has reached Rs74.71 on March 15, 2025, with the selling rate recorded at Rs75.11, highlighting the strong economic ties between the two countries through remittances from Pakistani expats.

The economic relationship between Pakistan and Saudi Arabia is significantly influenced by the remittances sent by Pakistani expatriates, which play a crucial role in managing daily living costs and supporting local economies. Many Pakistani laborers travel to Saudi Arabia for work and exchange their earnings into Pakistani Rupees upon their return, further emphasizing the importance of the Saudi Riyal to PKR exchange rate.

On March 15, 2025, the gold rates in Saudi Arabia saw an increase, with 10 grams of 24-karat gold sold at SAR 3,589 and an ounce at SAR 11,165. This increase in gold rates, alongside the exchange rates, reflects the dynamic economic activities between the two nations. Additionally, the Omani Rial's buying and selling rates in Pakistan remained relatively stable, with the buying rate at Rs723.6 and the selling rate at Rs732.1 on March 10.

The remittances from overseas workers, particularly from Saudi Arabia, have been a significant contributor to Pakistan's foreign exchange reserves. In February 2025, Pakistan received $3.1 billion in remittances, showing a 3.8% increase from January 2025 and a 38.6% increase from February 2024. The contribution from Saudi Arabia alone was $744.4 million, indicating a 2.21% monthly increase and a 37.88% yearly increase, further solidifying the importance of these remittances in supporting Pakistan's financial stability.

The slight fluctuations in the Saudi Riyal to PKR rate, such as the recent increase to Rs74.66 with a selling rate of Rs75.06 on March 14, 2025, underscore the dynamic nature of international currency exchange. These changes are closely monitored due to their impact on the livelihoods of individuals and the overall economic health of Pakistan.