The alternate charge of the Saudi Riyal (SAR) in opposition to the Pakistani Rupee (PKR) stood at 74.2 within the open market on Tuesday, February 4, 2025.
The Saudi Riyal promoting charge noticed no change in opposition to the Pakistani Rupee (PKR). As per particulars, the promoting worth of the Saudi Riyal was recorded at Rs74.75.
The partnership between Pakistan and Saudi Arabia is marked by a long-established and mutually helpful alliance, underscored by appreciable monetary help from the dominion.
Final month Saudi Arabia additionally prolonged a $3 billion deposit positioned with Pakistan for one more 12 months to proceed bolstering the financial system of the South Asian nation.
Annually, hundreds of thousands of Pakistani expatriates working in Saudi Arabia ship substantial parts of their earnings again to Pakistan.
These remittances are essential monetary sources that enable households to handle day by day dwelling prices, help academic pursuits, and invigorate native economies.
Learn extra: Gold charges in Saudi Arabia – February 1, 2025
This monetary interdependence additional strengthens the financial connections between the 2 nations.
Furthermore, Saudi Arabia serves as a key vacation spot for Pakistani labourers searching for job alternatives.
Upon their return, many of those staff alternate Saudi Riyals for Pakistani Rupees (PKR), reflecting the lively forex transactions that happen between the 2 nations.
The pure gold charges in Saudi Arabia witnessed rise and reached 3,953 Saudi Riyal (SAR) per tola on Tuesday, February 4, 2025.
Based on particulars from Foreign exchange.pk, 10 grams of pure gold in Saudi Arabia is being bought at SAR 3,393. Moreover, the value for an oz of gold is SAR 10,501.