The exchange rate for the Saudi Riyal (SAR) saw a slight fluctuation today in the open market. The buying rate was recorded at Rs73.99, while the selling rate stood at Rs74.12.
This marks a small increase compared to Friday's figures, where the buying rate was Rs73.96 and the selling rate was Rs74.09.
Despite the minimal variation, the Saudi Riyal continues to be a preferred currency in Pakistan, especially due to the ongoing demand from Pakistani expatriates working in Saudi Arabia.
The Riyal remains a key currency for remittances, a significant source of foreign exchange for the country.
Friday Rate:
SAUDI RIYAL: (SAR) selling Rs74.09, buying Rs73.96
Today Rate:
SAUDI RIYAL: (SAR) selling Rs74.12, buying Rs73.99
On the other hand, the US Dollar (USD) was quoted at a selling rate of Rs279.45 and a buying rate of Rs278.95.
The Euro (EUR) stood at Rs287.12 for selling and Rs286.61 for buying.
Meanwhile the British Pound (GBP) was priced at Rs346.12 for selling and Rs345.50 for buying.
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