Karachi: The Saudi Riyal (SAR) rose significantly compared to the Pakistani rupee on January 31, 2025 which added new economic difficulties to the national landscape. The Riyal traded against the Pakistani rupee at Rs. 74.07 buying rate and Rs. 74.20 selling rate in the interbank market. The values in the open market surpassed interbank rates as buying volume reached Rs. 74.20 and selling volume hit Rs. 74.75.
The value increase of the Riyal creates worries for Pakistani expatriates and their families because it decreases the worth ofSaudi Arabian remittances which are crucial for Pakistan’s foreign exchange. The Riyal appreciating market value brings fewer Pakistani rupees per dollar transfer which limits household purchasing capability across the nation.
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