Detecting locationโ€ฆ
Breaking News

Saudi Riyal Steady Against Pakistani Rupee Amid Stable Market Conditions

Saudi Riyal Steady Against Pakistani Rupee Amid Stable Market Conditions

Karachi, February 12, 2026 โ€“ The Saudi Riyal (SAR) continues to hold stability against the Pakistani Rupee (PKR) in the interbank market. Today, one Saudi Riyal is trading at approximately PKR 74.55, showing minimal fluctuations throughout the session.

Market analysts attribute the Saudi Riyalโ€™s stability to consistent global oil prices, robust remittance inflows from Pakistanis working in Saudi Arabia, and moderate domestic currency fluctuations. The interbank rate ranged between PKR 74.54 and PKR 74.77 during trading today.

The exchange rate has important implications for multiple sectors of Pakistanโ€™s economy. For the 2.6 million Pakistani expatriates in Saudi Arabia, the current Saudi Riyal rate determines remittance value, enabling families to plan household budgets effectively. Similarly, stable SAR/PKR rates help businesses manage import costs, particularly for petroleum products and energy-related supplies.

Pakistani companies engaged in trade with Saudi Arabia also benefit from the Riyalโ€™s steadiness. Construction, textiles, and food export sectors monitor SAR/PKR rates closely to maintain competitiveness and manage pricing strategies. The rate also impacts Hajj and Umrah expenses for Pakistani pilgrims, providing clarity for religious travel planning.

Over the past year, the Saudi Riyal has shown moderate volatility against the PKR, reaching a high of PKR 78.19 and a low of PKR 73.94. Analysts note that the current rate of PKR 74.55 reflects relative stability compared to these extremes.

Experts highlight that fluctuations in the Riyal are influenced by global crude oil prices, Pakistanโ€™s foreign reserves, bilateral trade, and international currency trends. Both the Saudi Arabian Monetary Authority (SAMA) and the State Bank of Pakistan (SBP) play key roles in maintaining currency stability through monetary policies.

In other news read more about SAR to PKR Rate Holds Steady as Saudi Riyal Supports Remittance Flows

The Saudi Riyal remains a vital currency for Pakistanโ€™s economy, supporting remittances, trade, and investment flows. Stakeholders are advised to monitor live exchange rates regularly to make informed financial decisions.

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp

Sehar Sadiq

Trending

Latest