The Saudi Riyal (SAR) saw minimal fluctuations in the open market today, with the buying rate recorded at Rs 73.95 and the selling rate at Rs 74.25, according to the latest exchange data from the National Bank of Pakistan (NBP).
This slight adjustment in rates is part of the usual daily movements seen in the currency market, influenced by various global and local economic factors.
The Saudi Riyal continues to be a vital currency for remittances in Pakistan, with a significant number of Pakistanis working in Saudi Arabia.
For many, the current exchange rates are crucial, particularly for those sending money back to their families in Pakistan.
The exchange rates offered by local banks and exchange companies will remain a key factor for individuals engaged in remittance-related transactions.
Today's Rate:
- Buying: Rs 73.95
- Selling: Rs 74.25
On the other hand, The exchange rates for major currencies today are as follows:
The US Dollar (USD) is buying at Rs 277.00 and selling at Rs 279.30.
The British Pound (GBP) is being traded at a buying rate of Rs 351.50 and a selling rate of Rs 353.40.
Meanwhile, the Euro (EUR) is priced at Rs 291.50 for buying and Rs 292.70 for selling.
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