KARACHI – Saudi Riyal (SAR) has recorded further gains against Pakistan rupee in open market on Thursday as 1 SAR reached Rs75.84.
The selling rate of Saudi Riyal also increased by two paisa accordingly and settled at Rs76.19, according to the Forex Association of Pakistan.
The exchange rate of Saudi Riyal is closely monitor by overseas Pakistanis who are employed in Saudi Arabia and send significant remittances every month.
1,000 Saudi Riyal to Pak Rupee Today
As the SAR buying rate stood at Rs75.84, 1,000 Saudi Riyals can be exchanged for Rs75,840 in open market.
Remittances in June 2025
Pakistan recorded workers’ remittances inflow of $3.4 billion in June 2025, according to the data released by the State Bank of Pakistan (SBP) on Wednesday.
It showed that workers’ remittances increased by 7.9 per cent on a year-on-year basis.
During fiscal year 2024-25, workers’ remittances rose by 26.6 per cent to $38.3 billion as compared with $30.3 billion in 2023-24.
During June 2025, Saudi Arabia led the chart as $823.2 million were sent in remittances by overseas Pakistanis from the Kingdom.
It is followed by United Arab Emirates with $717.2 million, United Kingdom with $537.6 million and United States of America with $281.2 million.
On the other hand, oil prices in international market fell on Thursday as the latest tariff announcements by US President Donald Trump were being considered as a threat to global economic growth.
Brent crude futures were down 22 cents, or 0.31%, at $69.97 a barrel by 0052 GMT. U.S. West Texas Intermediate crude lost 27 cents, or 0.39%, to $68.11 a barrel, international media reported.
