Karachi, May 11, 2025 – The Saudi Riyal (SAR) has shown remarkable stability against the Pakistani Rupee (PKR) in today’s open market, holding steady at an exchange rate of approximately 75.17 PKR, according to recent updates from local currency exchange dealers. This consistency reflects a balanced economic environment in Pakistan, driven by steady remittance inflows and controlled market dynamics.
The Saudi Riyal, the official currency of Saudi Arabia, remains a critical benchmark for Pakistan’s economy due to the strong bilateral ties between the two nations. With millions of Pakistani workers employed in Saudi Arabia, remittances play a pivotal role in bolstering Pakistan’s foreign exchange reserves. In February 2025 alone, Pakistani expatriates in Saudi Arabia contributed over $744 million in remittances, significantly supporting the PKR’s stability.
Several factors contribute to the current SAR-PKR exchange rate. The Saudi Riyal is pegged to the U.S. Dollar at a fixed rate of 3.75 SAR to 1 USD, a policy that has been in place since 1986. This peg indirectly stabilizes the Riyal’s value against other currencies, including the PKR. In Pakistan, the open market determines the exchange rate through supply and demand, with additional influence from robust remittance flows and balanced trade relations with Saudi Arabia. The State Bank of Pakistan’s proactive monitoring and occasional interventions further ensure minimal volatility.
This stable exchange rate has far-reaching implications for Pakistanis. For households reliant on remittances, the predictable SAR-PKR rate ensures steady income for daily expenses, education, and healthcare. Businesses engaged in trade with Saudi Arabia, particularly in sectors like textiles and agriculture, benefit from reduced currency risk, fostering confidence in cross-border transactions. Additionally, Pakistani pilgrims planning Hajj or Umrah can better manage travel costs, as the stable rate simplifies budgeting for religious journeys.
Looking ahead, market analysts predict the SAR-PKR rate will remain within a narrow range of 73.50 to 76.50 PKR through May 2025, barring any significant global economic shifts. Pakistan’s improving economic indicators, including a strengthening stock market and sustained foreign inflows, further support this outlook. As Saudi Arabia advances its Vision 2030 initiatives and Pakistan deepens its economic ties with the Gulf nation, the SAR-PKR exchange rate will continue to be a key indicator of shared prosperity.
For the latest updates on currency exchange rates and economic trends, stay tuned to local financial news outlets and consult trusted exchange services for real-time rates.
