Karachi, November 5, 2025 – The Saudi Riyal (SAR) opened trading in the local open market at Rs74.96 for buying and Rs75.58 for selling against the Pakistani Rupee (PKR) on Wednesday, according to market data updated at 9:00 AM Pakistan Standard Time (PST).
These rates fluctuate throughout the day depending on foreign exchange market dynamics, including demand and supply, global oil prices, and Pakistan’s foreign reserves position. Experts note that the Saudi Riyal holds great importance in Pakistan’s currency market due to the country’s strong economic and labor ties with the Kingdom of Saudi Arabia, which is a major destination for Pakistani expatriates sending remittances.
The buying rate represents the amount at which money exchange companies or banks purchase foreign currency from customers, while the selling rate is the amount at which they sell it back to consumers. The difference between these two figures is known as the exchange margin, which varies based on market competition and liquidity.
Market analysts believe that the stability of the Saudi Riyal against the Pakistani Rupee is largely due to its peg with the U.S. dollar, providing a steady reference point for currency dealers and remittance flows.
As global markets remain volatile, the exchange rate between SAR and PKR may continue to adjust based on international economic trends and local forex demand in the coming days.