On March 27, 2025, the exchange rate of the Saudi Riyal (SAR) against the Pakistani Rupee (PKR) in the open market showed a slight fluctuation compared to the previous day.
The buying rate of one Saudi Riyal stood at Rs 74.22, whereas the selling rate was recorded at Rs 74.88.
In contrast, on the preceding day, the exchange rates were slightly different. The buying rate of the Saudi Riyal on March 26, 2025, was Rs 74.37, while the selling rate was Rs 75.98. These fluctuations highlight the dynamic nature of currency exchange rates, which are influenced by various market factors.
As of 8:05 AM Pakistan Standard Time (PST) on March 27, 2025, these rates were updated in the open market. However, foreign exchange rates are subject to continuous changes throughout the day, depending on market supply, demand, and external economic conditions.
The buying rate represents the price at which exchange companies or banks purchase the Saudi Riyal from individuals or businesses, whereas the selling rate indicates the price at which these financial institutions sell the riyal to customers. These rates play a crucial role for those engaged in international trade, travel, and remittances.
The exchange rate of PKR to SAR is primarily determined by open market dynamics and fluctuates based on the demand and supply of the riyal in Pakistan. Factors such as trade balances, remittance inflows from Pakistani expatriates working in Saudi Arabia, and overall economic conditions contribute to these variations.
As financial markets evolve, exchange rates continue to fluctuate in response to geopolitical developments, central bank policies, and investor sentiments. For those dealing in Saudi Riyals, it is advisable to stay updated with real-time currency exchange trends to make informed financial decisions.
For accurate and up-to-date exchange rate information, it is recommended to check with authorized exchange dealers, banks, or financial news sources regularly.