Currency Exchange Archives

The exchange rate saw a minor change today. The Saudi Riyal to Pakistani Rupee rate edged down slightly. It settled at Rs74.80 in the open market. This is a small decline from Rs74.84 recorded last week. Currency dealers noted this market recalibration. This modest drop is linked to steady remittance inflows. The Riyal maintains its vital role in Pakistan’s economy. The selling rate for the Riyal is now Rs75.37.

Remittances: A Lifeline from Saudi Arabia

The Saudi Riyal to Pakistani Rupee exchange impacts millions of families. These families rely on earnings from Saudi Arabia. Workers send home remittances from key sectors. These include construction, health, and hospitality. Saudi Arabia is Pakistan’s largest contributor of remittances. In May 2025, inflows reached $913.3 million. Remittance inflows totaled $34.9 billion from July 2024 to May 2025. This showed a strong year-on-year increase of $28.8\%$.

Impact of the Rate Change

The slight dip affects budgets immediately. Today’s rate means 1,000 Riyals convert to Rs74,800. This is a minor reduction from the previous Rs74,840. This small shift can slightly dent purchasing power. Families use these funds for essentials like education and medical care. For businesses, a slightly weaker Riyal eases import costs. This supports Pakistan’s trade balance. The Riyal’s stability, being pegged to the US dollar, aids this.Macroeconomic Stability and Currency Basics

On a macroeconomic level, the Riyal bolsters Pakistan’s reserves. Foreign exchange reserves crossed $11 billion in October 2024. This supports inflation control and debt management. A weaker Rupee can also enhance export competitiveness. This aligns with efforts towards economic resilience.

The Saudi Riyal to Pakistani Rupee pair is crucial. It is pegged against the US dollar for reliability. This makes it a trusted medium for trade and remittances. Its value reflects inflation and trade flows. Traders should remain vigilant of even minor shifts. The Riyal remains a steady anchor for economic stability.

Dollar Rate in Pakistan Today: Interbank and Open Market

Today’s Official Interbank Dollar Price

The official dollar rate in Pakistan has been updated for today. This crucial figure is based on the State Bank of Pakistan (SBP) data. On November 24, 2025, the interbank rate stands at PKR 281.05. This rate is considered the official reference point. All large-scale financial and import/export transactions use this price. Stability in the interbank rate is a positive sign for the economy. It suggests predictable monetary policy from the SBP.

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Open Market Price and Common Difference

For individual consumers and travelers, the open market rate is more relevant. This rate reflects the price at money exchange companies. Today, the US dollar price in the open market is recorded at PKR 281.50. It is a standard practice worldwide for the open market rate to be slightly higher. This difference covers operational costs and dealer profit margins. Monitoring both rates gives a complete view of the dollar rate in Pakistan.

Understanding Recent Market Volatility

The currency market remains highly dynamic. Volatility is a constant factor in Pakistan’s foreign exchange scene. During the most recent trading session, a slight shift occurred. The rate moved from PKR 281.05 down to PKR 280.55. These include global economic news and domestic political stability. Such movements directly affect the purchasing power of the Pakistani Rupee (PKR).

Economic Impact and Future Outlook

The stability of the dollar rate in Pakistan is vital for economic health. A higher dollar rate increases the cost of imports. This ultimately fuels domestic inflation. Conversely, a stable or decreasing dollar rate helps control prices. This benefits the common citizen. The central bank works hard to manage supply and demand. Their goal is to maintain a sustainable exchange rate. Experts suggest keeping an eye on external debt obligations. Future currency stability depends heavily on managing these critical factors.

Currency Exchange

🇸🇦 Saudi Riyal in Pakistan to Pakistani Rupee: Rate Update Nov 26, 2025