Copyright pakobserver
KARACHI – Saudi Riyal has recorded gains against Pakistani rupee in open market on Thursday. The buying rate of Saudi Riyal stood at Rs75.55 However, the selling rate hovered at Rs76.2. The SAR to PKR exchange rate holds great significance for overseas Pakistanis, business community and others. Pakistan received highest remittances from Pakistanis living in Saudi Arabia. A strong Riyal enhances the purchasing power of families, who receive remittances, in Pakistan. What is the open market rate for SAR to PKR? The SAR to PKR rate in the open market stands at Rs75.55 (buying) and Rs76.2 (selling) as of 23 October 2025. How much is 500 Saudi Riyal in Pak Rupees today? As Saudi Riyal exchange rate stands at Rs75.55, you can get Rs37,775 in exchange of 500 Riyals in the open market of Pakistan. Where to Convert Saudi Riyal to Pakistan Rupee? Pakistani citizens or others holding Saudi Riyal can visit the registered outlets of currency exchange companies and banks to exchange them with Pakistani rupees. Meanwhile, to promote the digital economy, the State Bank of Pakistan will provide Rs3.5 billion targeted support to financial institutions for encouraging merchant on-boarding on Raast and digital QR Code transactions. “The Government has allocated a subsidy of PKR 3.5 billion for Raast P2M QR Code based transactions to be conducted during the period from September 1, 2025, to June 30, 2026,” the central bank circulated here on Wednesday.
