The Saudi Riyal (SAR) weakened slightly against the Pakistani Rupee (PKR) in the open market on Wednesday, continuing the trend of a stronger local currency against major global currencies, including the US dollar.
As of November 12, 2025, the Saudi Riyal is being bought at Rs75.6 and sold at Rs76.2 in Pakistan’s open market. This means that 500 Saudi Riyals would convert to approximately Rs37,800, reflecting minor fluctuations compared to the previous week.
The movement in the SAR-PKR exchange rate is closely watched by overseas Pakistanis, especially those working in Saudi Arabia, who send remittances back home. A stronger rupee can slightly reduce the value of remittances when converted, but overall stability benefits the economy by improving trade and import conditions.
Saudi Arabia remains the largest source of remittances to Pakistan, contributing billions of dollars each year. A stable Riyal helps maintain the purchasing power of families who depend on foreign income for daily expenses, education, and savings.
Pakistani citizens looking to exchange Saudi Riyals can do so through licensed banks and authorized currency exchange outlets. The State Bank of Pakistan continues to encourage people to use official channels to ensure secure and transparent transactions.
To promote the shift toward digital payments, the State Bank has also announced a PKR 3.5 billion subsidy for merchants adopting Raast and QR code-based transactions. This initiative, valid from September 2025 to June 2026, aims to boost Pakistan’s digital economy and reduce reliance on cash-based payments.
