Pakistani Rupee register significant increase against Saudi Riyal

Pakistani Rupee register significant increase against Saudi Riyal

The Pakistani Rupee has maintained its remarkable performance against the Saudi Arabian currency in the interbank market, demonstrating a significant increase of Rs1.16.

This surge has resulted in the new exchange rate for the Saudi Riyal settling at Rs73.73, a notable improvement when compared to the closing rate of Rs74.89 observed on Monday.

As of Tuesday morning, the interbank market now quotes a conversion rate of one Saudi Riyal to PKR at Rs73.73.

This positive movement in the currency exchange rate reflects a decrease of Rs1.16 in the Saudi Riyal's value against the Pakistani Rupee in the context of interbank trading.