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Saudi Riyal to Pakistani Rupee Rate Today – May 2, 2026
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Saudi Riyal to Pakistani Rupee Rate Today – May 2, 2026

ARY News · May 2, 2026, 11:54 AM

Key takeaways

  • The pair remains locked in the same exceptionally narrow, low-volatility channel it has followed since early January 2026 — now spanning well over four months of remarkably compressed price action.
  • The Saudi Riyal continues to serve as the single most important monthly income source for millions of Pakistani households.
  • At today’s rate of Rs74.33, every 1,000 Riyals sent home equals Rs74,330 — a gradual but persistent decline from earlier 2025 levels.

Why this matters: local context for readers following news across Pakistan and the region.

Add ARY News on Google KARACHI, May 2, 2026, 08:40 PM PKT — The Saudi Riyal (SAR) eased further today, closing at Rs74.33 against the Pakistani Rupee (PKR) in the open market — a small decline from recent sessions and one of the softer levels seen in recent months, according to leading currency dealers in Karachi. The selling rate settled around Rs74.90.

The pair remains locked in the same exceptionally narrow, low-volatility channel it has followed since early January 2026 — now spanning well over four months of remarkably compressed price action. Today’s level continues to sit significantly below the 2025 mid-year high of Rs76.03 (July peak) and near the softer territory last consistently observed in late October 2025.

The Saudi Riyal continues to serve as the single most important monthly income source for millions of Pakistani households. Workers in Saudi Arabia’s construction, healthcare, hospitality and domestic sectors keep the remittance corridor active and reliable. Saudi Arabia retains its position as the top remittance-origin country, contributing $913.3 million in May 2025 alone — the largest single-country inflow. Cumulative remittances from July 2024 to May 2025 reached $34.9 billion, reflecting a strong 28.8% year-on-year increase.

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