SAR to PKR Rates On July 24, 2025 – Saudi Riyal Holds Around 76 PKR as Rupee Faces Pressures
In today’s interbank trading, the Saudi riyal remained stable around 76 rupees, while open‑market rates edged higher, reflecting differing liquidity conditions across formal and parallel segments.
| Market | Buying (PKR) | Selling (PKR) | Change (24‑hour) |
|---|---|---|---|
| Interbank (mid) | 75.93 | 76.07 | Unchanged |
| Open Market | 76.50 | 76.80 | +0.4 % approx. |
Formal interbank trades placed 1 SAR at around 75.93 PKR (buying) and 76.07 PKR (selling), consistent with the recent narrow range of 75.92–76.08 rupees. In contrast, open‑market dealers quoted slightly higher rates—around 76.50–76.80 PKR—marking a modest 0.4 percent premium driven by import demand and remittance timing mismatches.
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Market experts note that the stable interbank rate suggests central bank support, while the elevated open‑market spread points to liquidity pressures in informal channels. They emphasize that increased remittance inflows from Saudi Arabia or adjustments in import scheduling could help narrow this gap and ease currency tensions.
The Saudi riyal is likely to continue trading within the 75.9–76.1 PKR band in interbank markets, with open‑market sell rates possibly reaching 77 PKR if liquidity conditions remain tight. A fresh surge in Gulf‑origin funds would likely soften open‑market premiums and support wider rupee stability.
