KARACHI: The shopping for fee for the Omani Rial in change for the Pakistan Rupee (PKR) stood at Rs722.75 whereas the promoting fee is Rs732.67 within the open market on Saturday, February 15, 2025.
The Omani Rial denoted as OMR, serves because the official foreign money of Oman and is subdivided into 1,000 smaller items known as baisa.
Conversion of 500 and 1000 OMR to Pakistani Rupees
On February 15, the prevailing change fee means that 1,000 OMR quantities to Rs722,750 in Pakistani foreign money.
To transform Omani Rial to the Pakistani Rupee, people travelling to Pakistan with OMR can method banks or change firm branches for the foreign money change course of.
Additionally it is vital to focus on that the change fee of Rs721.5 per OMR within the open market holds appreciable significance for the massive Pakistani expatriate inhabitants dwelling in Oman, which is estimated to quantity roughly 250,000 people concerned in varied employment or enterprise ventures.
Learn Extra: Saudi Riyal to Pakistani rupee fee; February 10, 2025
Equally, the change fee of the Saudi Riyal (SAR) towards the Pakistani Rupee (PKR) remained unchanged at Rs74.20 within the open market on Saturday, February 15, 2025.
The promoting fee of the Riyal additionally remained fixed as it’s being offered for Rs74.75 on the sixth day of the continuing 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 useful 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 assets that permit households to handle every day dwelling prices, help academic pursuits, and invigorate native economies.
This monetary interdependence additional strengthens the financial connections between the 2 nations.