The Saudi Riyal (SAR) experienced a slight dip in the open market on Tuesday. The buying rate was recorded at Rs74.04, while the selling rate stood at Rs74.17.
This marks a small decrease compared to Monday’s rates, which were Rs74.05 for buying and Rs74.18 for selling.
Despite the minimal fluctuations, the Saudi Riyal remains an attractive choice for remittances, especially with the consistent demand from Pakistani expatriates in Saudi Arabia.
Tuesday's rate:
SAUDI RIYAL (SAR): Selling Rs74.17, Buying Rs74.04
Monday's rate:
SAUDI RIYAL (SAR): Selling Rs74.18, Buying Rs74.05
On the other hand, The exchange rates for major currencies on Tuesday. The US Dollar (USD) is being traded at a selling rate of Rs279.05 and a buying rate of Rs278.55.
The Euro (EUR) stands at a selling rate of Rs289.09 and a buying rate of Rs288.57.
Meanwhile, the British Pound (GBP) is being exchanged at a selling rate of Rs342.20 and a buying rate of Rs341.59.
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