KARACHI: The shopping for charge for the Omani Rial in change for the Pakistan Rupee (PKR) stood at Rs722.9 whereas the promoting charge is Rs731.4 within the open market on Monday, February 10, 2025.
The Omani Rial denoted as OMR, serves because the official foreign money of Oman and is subdivided into 1,000 smaller items referred to as baisa.
Conversion of 500 and 1000 OMR to Pakistani Rupees
On February 8, the prevailing change charge means that 1,000 OMR quantities to Rs722,900 in Pakistani foreign money.
To transform Omani Rial to the Pakistani Rupee, people travelling to Pakistan with OMR can strategy banks or change firm branches for the foreign money change course of.
It’s also vital to spotlight that the change charge of Rs723.4 per OMR within the open market holds appreciable significance for the massive Pakistani expatriate inhabitants residing in Oman, which is estimated to quantity roughly 250,000 people concerned in numerous employment or enterprise ventures.
Learn Extra: Saudi Riyal to Pakistani rupee charge; February 10, 2025
Equally, the change charge of the Saudi Riyal (SAR) towards the Pakistani Rupee (PKR) remained unchanged at Rs74.40 within the open market on Monday, February 10, 2025.
The promoting charge of the Riyal additionally remained fixed as it’s being offered for Rs74.63 on the primary day of the brand new enterprise week.
The Saudi riyal is the official foreign money 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.
Final month Saudi Arabia additionally prolonged a $3 billion deposit positioned with Pakistan for one more yr to proceed bolstering the financial system of the South Asian nation.
Annually, 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 permit households to handle day by day residing prices, assist instructional pursuits, and invigorate native economies.
This monetary interdependence additional strengthens the financial connections between the 2 nations.