Riyal Rises Slightly Against Rupee on July 14, 2025, as PKR Faces Economic Headwinds
The Saudi Riyal (SAR) witnessed a marginal gain against the Pakistani Rupee (PKR) on July 14, 2025, with the interbank rate closing at Rs. 75.84. In the open market, the buying rate for 1 Riyal hovered around Rs. 76.60, while the selling rate reached up to Rs. 77.20, showing a steady demand from remittance inflows.
Compared to the previous week, the SAR to PKR exchange rate has shown slight upward movement, fluctuating between Rs. 75.78 and Rs. 75.98. Over the past 30 days, the average rate has remained relatively stable around Rs. 75.73, indicating minor volatility in the currency pair.
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Analysts point out that the Saudi Riyal is pegged to the US Dollar, meaning that any fluctuations in the USD to PKR rate directly impact the SAR to PKR rate. With the Rupee still under pressure from ongoing inflation concerns, fiscal challenges, and political uncertainty, its outlook remains weak against stable currencies like the Riyal. Experts suggest that unless Pakistan sees stronger remittance flows and economic reforms, the rupee is unlikely to gain significantly.
Looking ahead, the Riyal to PKR rate is expected to stay within a narrow range of Rs. 75.70 to Rs. 76.00 in the interbank market. Market participants are keeping a close watch on global oil prices, USD trends, and upcoming economic data from Pakistan, which could influence future exchange movements.
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