RIYADH: The Saudi Riyal (SAR) maintained a stable exchange rate of 74.31 against the Pakistani Rupee (PKR) in the open market today, Thursday, February 2, 2025. This stability reflects the continued strength of the Saudi Riyal.
Strong Economic Partnership Underpins Stable Exchange Rate
Saudi Riyal to Pakistani Rupee Exchange Rate Today, February 2, 2025 The consistent exchange rate is bolstered by the robust economic ties between Pakistan and Saudi Arabia. The Kingdom’s significant financial aid and investment in Pakistan have fostered a strong and mutually beneficial relationship. Â
Remittances Play a Vital Role
Millions of Pakistani expatriates working in Saudi Arabia contribute significantly to Pakistan’s economy through remittances. These funds provide essential income for families and support the nation’s overall economic health.
Labor Exchange and Currency Conversion Reinforce Ties
Saudi Arabia remains a key destination for Pakistani workers seeking overseas employment, further solidifying the economic links between the two countries. The conversion of SAR savings to PKR by returning workers underscores the active currency exchange between the nations.
Gold Prices in Saudi Arabia
As of Wednesday, February 2, 2025, the price of 24-karat gold in Saudi Arabia was recorded at 3,893 Saudi Riyals (SAR) per tola. According to Forex.pk, the price for 10 grams of 24-karat gold is currently SAR 3,341, while the price per ounce is SAR 10,393.Sources and related content