KARACHI, February 9, 2026: — The Saudi Riyal (SAR) slipped once more in the present day, closing at Rs74.58 in opposition to the Pakistani Rupee (PKR) within the open market — an extra 11-paisa decline from yesterday’s Rs74.69 and now hovering close to the softest ranges seen since mid-October 2025, in keeping with forex sellers. The promoting price was quoted round Rs75.15.
This continued gentle downward stress displays typical post-holiday liquidity flows, regular remittance provide and the absence of any robust demand pickup to this point this week.
Remittance lifeline stays energetic
The Saudi Riyal continues to be the only most vital month-to-month earnings supply for a really giant variety of Pakistani households. Employees in Saudi Arabia’s building, healthcare, hospitality and home sectors maintain the remittance channel alive. Saudi Arabia retains the highest spot amongst remittance-origin nations, delivering $913.3 million in Might 2025 alone. Cumulative remittances from July 2024 to Might 2025 stood at $34.9 billion, exhibiting a wholesome 28.8% year-on-year progress.
At in the present day’s price of Rs74.58, each 1,000 Riyals despatched dwelling equals **Rs74,580** — down Rs110 from yesterday. Though considerably decrease than the Rs76+ ranges noticed in mid-2025, the speed nonetheless supplies important assist for varsity charges, medical therapy, groceries and family bills.
Blended financial results
A Riyal buying and selling round Rs74.60 creates two-sided outcomes:
– Remittance-receiving households expertise a gradual erosion in actual buying energy amid persistent inflation.
– Importers of Saudi crude, refined merchandise and petrochemicals take pleasure in marginally decrease rupee-denominated prices.
– Pakistan’s commerce steadiness receives some oblique respiration room.
– Overseas trade reserves (above $11 billion as of late 2024) proceed to be supported by these inflows, serving to the State Financial institution handle inflation and exterior debt obligations.
The comparatively weaker Rupee additionally retains Pakistani exports (rice, textiles, leather-based, surgical items, fruits) enticing in worldwide markets.
Fast reference: the 2 currencies
– Saudi Riyal (SAR) — subdivided into 100 halala, rigidly pegged to the US greenback (≈ 3.75 SAR = 1 USD), managed by SAMA for optimum stability.
– Pakistani Rupee (PKR) — image ₨, operates below a managed float supervised by the State Financial institution of Pakistan, influenced by inflation, commerce steadiness and above all — remittance volumes.
Wanting forward
The SAR-PKR pair stays in a reasonably slim buying and selling vary. With employee outflows nonetheless strong and Hajj/Umrah season persevering with to generate demand, the remittance hall is anticipated to stay one in every of Pakistan’s most dependable financial hyperlinks. Any sustained transfer will probably require a change in world greenback energy, oil costs or home reserve dynamics.
For now, the Riyal at Rs74.58 continues to behave as a quiet however important pillar for tens of millions of households.
Sources: State Financial institution of Pakistan, Foreign exchange Affiliation of Pakistan, open-market vendor quotes
