In Karachi on November 10, 2025, the Saudi Riyal rate surged to Rs 75.36 against the Pakistani Rupee in the open market, marking a fresh high for the day.
The rise in the Saudi Riyal rate comes at a time when Pakistan remains heavily reliant on remittances, particularly from Gulf workers, underscoring how exchange-rate shifts can influence household incomes and import costs.
Despite some periods of relative stability earlier this year, the Riyal rate has climbed steadily. For example, according to currency-converter data, earlier this November the rate hovered around Rs 75.29 for one Riyal.
Analysts say the strengthening of the Riyal rate reflects both external-sector pressures and domestic currency fluctuations. A higher Riyal value means each unit of remittance from Saudi Arabia now converts into more Pakistani Rupees, which helps recipients. On the flip side, it also signals depreciation pressure on the Pakistani Rupee.
For workers sending money home from Saudi Arabia, the stronger Riyal provides a boost in local-currency terms, while for importers and forex markets the elevated Saudi Riyal rate may indicate tighter foreign-exchange conditions ahead.
In short, the Saudi Riyal rate moving to Rs 75.36 highlights a key moment for Pakistan’s economy—remittances may gain value but underlying currency stress remains.
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