On March 28, 2025, the exchange rate for the Saudi Riyal (SAR) against the Pakistani Rupee (PKR) in the open market remained dynamic, reflecting the ongoing fluctuations in foreign exchange trends.
As of 8:10 AM Pakistan Standard Time (PST), the buying rate for one Saudi Riyal stood at Rs 74.25, while the selling rate was recorded at Rs 74.90. This rate represents the value at which currency exchange companies and financial institutions conduct transactions with customers.
Comparing the exchange rate to the previous trading day, the buying price of the Saudi Riyal on March 27, 2025, was Rs 74.22, while the selling price was Rs 74.88. The minor variations between these rates highlight the market’s sensitivity to supply and demand dynamics, external economic factors, and geopolitical influences affecting currency valuations.
The exchange rate mechanism functions on the principle of market-driven forces. The buying rate signifies the price at which banks and exchange companies purchase the Saudi Riyal from individuals, while the selling rate is the price at which they offer the currency to customers. Variations in these rates depend on the liquidity of foreign reserves, remittance inflows, and broader macroeconomic trends influencing the Pakistani Rupee.
As Saudi Arabia remains a key economic partner for Pakistan, the SAR/PKR exchange rate is crucial for businesses, investors, and expatriates who frequently transfer remittances between the two countries. A significant number of Pakistani expatriates reside in Saudi Arabia, sending billions of Riyals annually to Pakistan, making the exchange rate a vital component in financial planning and economic forecasts.
Market observers closely monitor the Saudi Riyal’s value against the Pakistani Rupee on March 28, 2025, to assess potential fluctuations that may impact trade, investment, and remittances. The exchange rate can be influenced by global oil prices, monetary policies, and trade balances between Pakistan and Saudi Arabia.
It is advisable for individuals and businesses engaging in foreign exchange transactions to stay updated on the latest rates, as the valuation of the Saudi Riyal may shift throughout the day based on evolving market conditions. As of March 28, 2025, currency traders and analysts remain watchful of any developments that could impact the exchange rate dynamics between the Pakistani Rupee and the Saudi Riyal.