The Saudi Riyal (SAR) saw little change in the open market today, with its buying rate at Rs74.00 and selling rate at Rs74.13.
This is a slight decline from yesterday's rates, where the buying rate was Rs74.01 and the selling rate stood at Rs74.14.
Despite the minor dip, the Saudi Riyal remains stable in the foreign exchange market.
The currency continues to play a vital role for Pakistani expatriates, especially those sending remittances from Saudi Arabia, as they exchange Riyals at these rates through local banks or exchange companies.
Today rate:
SAUDI RIYAL SAR selling74.13 buying74.00
Yesterday rate:
SAUDI RIYAL SAR selling74.14 buying74.01
On the other hand, the exchange rates for major currencies in the open market on Monday, the US Dollar (USD) is being sold at Rs279.55 and bought at Rs279.05.
The Euro (EUR) is trading at Rs285.15 for selling and Rs284.64 for buying.
Meanwhile, the British Pound (GBP) remains steady with a selling rate of Rs339.68 and a buying rate of Rs339.07.
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