The Saudi Riyal (SAR) maintained its steady position in the open market on Monday, with its selling rate at Rs74.20 and buying rate at Rs74.07.
This marks a slight increase compared to Friday's rates, where the selling rate was Rs74.19 and the buying rate was Rs74.06.
Despite this minor change, the value of the Saudi Riyal against the Pakistani Rupee has largely remained stable over the weekend.
Pakistani workers in Saudi Arabia rely on these rates when exchanging Riyals at local banks or exchange companies, ensuring continued financial support for families back home.
Monday's Rate:
SAUDI RIYAL SAR: Seliing Rs74.20, Buying Rs74.07
Friday's Rate:
SAUDI RIYAL SAR: Selling Rs74.19, Buying Rs74.06
On the other hand, the exchange rates for major currencies today show the US Dollar (USD) being traded at a buying rate of Rs 278.85 and a selling rate of Rs 279.35
The Euro (EUR) is priced at Rs284.18 for buying and Rs284.69 for selling.
Meanwhile the British Pound (GBP) stands at Rs340.89 for buying and Rs341.50 for selling.
These rates reflect the current trends in the foreign exchange market, with the US Dollar maintaining its dominant position, followed by the Euro and British Pound.
