The change price of the Saudi Riyal (SAR) in opposition to the Pakistani Rupee (PKR) stood at 74.36 within the open market on Monday, February 3, 2025.
The Saudi Riyal promoting price noticed no change in opposition to the Pakistani Rupee (PKR). As per particulars, the promoting worth of the Saudi Riyal was recorded at Rs74.57.
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 an additional yr to proceed bolstering the economic system of the South Asian nation.
Every year, 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 enable households to handle each day residing prices, assist instructional 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 change Saudi Riyals for Pakistani Rupees (PKR), reflecting the lively foreign money transactions that happen between the 2 nations.
In the meantime, the pure gold charges in Saudi Arabia reached 3,934 Saudi Riyal (SAR) per tola on Monday, February 3, 2025.
In line with particulars from Foreign exchange.pk, 10 grams of pure gold in Saudi Arabia is being bought at SAR 3,376. Moreover, the value for an oz of gold is SAR 10,501.