The change price of the Saudi Riyal (SAR) towards the Pakistani Rupee (PKR) was recorded at Rs74.52 within the open market on Tuesday, March 4, 2025.
The promoting price of the Riyal dropped as it’s being offered for Rs74.65.
The Saudi riyal is the official forex of Saudi Arabia. It’s abbreviated as SAR, or SR. One Riyal is subdivided into 100 halalas.
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.
Not too long ago, 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.
Learn extra: Gold charges in Saudi Arabia – 3 March, 2025
Every year, tens of millions 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 each day residing prices, assist academic pursuits, and invigorate native economies.
This monetary interdependence additional strengthens the financial connections between the 2 nations.
Furthermore, Saudi Arabia serves as a key vacation spot for Pakistani labourers in search of job alternatives. Upon their return, many of those staff change Saudi Riyals for Pakistani Rupees (PKR), reflecting the energetic forex transactions that happen between the 2 nations.
In the meantime, the pure gold charges in Saudi Arabia was recorded at 4,062 Saudi Riyal (SAR) per tola on March 4, 2025.
Based on particulars from Foreign exchange.pk, 10 grams of pure gold in Saudi Arabia is being offered at SAR 3,486. Moreover, the value for an oz. of gold is SAR 10,844.