KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 28, 2021:
Buying: Rs 44.00 to the Saudi Riyal
Selling: Rs 44.50 to the Saudi Riyal
We update rates hourly so we can offer you the best SAR to PKR.
The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.
Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.
Currency dealers said the Saudi Riyal remained stable against the Pakistani Rupee in the open market amid balanced demand and supply conditions. The exchange rate is influenced by remittance inflows from overseas Pakistanis working in Saudi Arabia, especially during weekends and holiday seasons when demand for the Riyal usually increases.
Market experts noted that fluctuations in the US dollar parity and import payments also impact the SAR to PKR exchange rate. Travelers and importers are advised to check updated foreign currency rates before making transactions, as open market prices may vary from one exchange company to another during trading hours.
