Wednesday, October 4, 2023

Saudi Riyal Gains Value Against Pakistani Rupee, Here’s Today Rate

The Saudi Riyal (SAR) has showed strength against the Pakistani Rupee (PKR) in a recent development. According to official data from the State Bank of Pakistan, the current exchange rate stands at 1 SAR to PKR 76.64 in the Interbank exchange rate.

However, it is important to note that different buying and selling rates exist for converting Saudi Riyal to Pakistani Rupee in both the interbank exchange and the open market. This difference caters to various currency exchange needs of individuals and businesses.

Notably, the Saudi Riyal has made a remarkable gain within the Interbank rate, increasing by PKR 0.23 or 0.301%. This positive movement underscores the Riyal’s favorable standing in recent trading.

For those closely tracking the currency market, it is worth mentioning that the SAR to PKR conversion rate has exhibited fluctuations over the past few months. Staying updated with such fluctuations is key to making informed decisions.

Here is a comprehensive breakdown of the current exchange rates for both the Interbank and open market.

Interbank SAR Rate

02 Aug 23PKR 76.49PKR 76.64

Open Market Rate

02 Aug 23PKR 76.70PKR 77.40

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